POLYDOC PLC
24 September 1999
PolyDoc Plc
Summary Interim results for six months to 30 June 1999
Chairmans Statement
Below are the summary interim results for the first six
months of this year which are in line with expectations set
out in my statement of 25 August 1999.
In the same statement I gave a detailed business review of
the first half year including outlining PolyDocs proposed
acquisition of AppliedNet, a UK based knowledge management
software products, systems integration and consulting
company. I am pleased to report that the process of
completing this transaction is progressing positively and
that the current timetable shows us completing the
transaction before the end of the year. This, together with
the expected results of our intensified activities in
healthcare and manufacturing and the signing of the business
partnership agreements (in the UK, USA, Netherlands and
Italy) during recent months, means I am confident of a
fruitful conclusion to the year for PolyDoc.
Barry Mence,
Executive Chairman,
PolyDoc Plc.
Summary Interim results for six months to 30 June 1999
(In thousands of pounds except for amounts per share)
1999 1998
first six months first six months
unaudited unaudited
£000 £000
Turnover 506 440
Operating Loss 537 378
Loss before Tax 616 390
Loss per share- 3p 2p
basic and diluted
Cash Outflow (net) 355 442
Note : This statement will be sent to shareholders shortly and
will be available for a period of 14 days from the date of
this announcement from PolyDocs nominated adviser, Bell
Lawrie Wise Speke, 48 St Vincent Street, Glasgow G2 5TS.
For further information, please contact :
Barry Mence or Richard Maddocks (PolyDoc) 0031 20 301 39 00
- rma@polydoc.com
Steve Liebmann (Buchanan Communications) 0171 466 5000
- stevel@buchanan.uk.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.