12 October 2010 – trading update

A positive trading update has been released ahead of interim results, which are due to be announced on 7 December.  This revealed that revenues to 30 September were 25% ahead of the same period last year at £5.4m, whilst operating profits should emerge at £1.1m compared with £0.1m.  New business sales have been strong and it enters the second half with a record order book.   The share price has continued to advance and, although prospects remain good, we feel that there is a strong possibility of some profit taking in the near term.  Holderds may wish to TOP SLICE their holdings.