Netcall PLC
19 July 2007
Netcall plc
('Netcall' or 'the Company')
Trading update
The Board of Netcall are pleased to report that trading in the 6-month period
ending 30 June 2007 has progressed according to plan. Based on management
accounts, the Company therefore anticipates reporting revenues for the full year
to June 2007 in line with market expectations and expects to report profits
significantly ahead of expectations. Furthermore, this performance has been
reflected in the further strengthening of the balance sheet with net cash having
increased to £2.36m as at 30 June 2007.
A particular highlight in the year and an integral part of the development of
Netcall was not only the growth in product revenues, but importantly the more
rapid growth in hosted services revenues. In addition, it is also encouraging to
have seen an increase in the proportion of revenues derived from channel
partners. It should be noted that these have been key objectives of the
Company's growth strategy.
Henrik Bang, CEO, Netcall, commented, 'We are very pleased with this result. One
of the important aspects of our growth strategy has been to increase the quality
of earnings through developing the hosted services offering and improving the
relationships with channel partners. I am therefore pleased with our performance
in these areas and look forward to our continued progress.'
For further information
Netcall plc (www.netcall.com) Tel. +44(0)1480 495 300
Ron Elder, Chairman
Henrik Bang, Chief Executive
ICIS Tel. +44 (0)20 7651 8688
Tom Moriarty +44 (0)7769 937 626
Laura Cocker
Evolution Group Services Ltd Tel. +44 (0)20 7071 4300
Simon Leathers
This information is provided by RNS
The company news service from the London Stock Exchange
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