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Oxford Metrics notched modest first-half profit as sales improve | 26 May 2021


26 May 2021 | 08:43am
StockMarketWire.com - Enterprise software group Oxford Metrics swung to a modest first-half profit after its revenue edged higher.
Pre-tax profit for the year through March amounted to £1.0 million, compared to a year-on-year loss of £0.1 million, as revenue rose to £15.3 million, up from £15.0 million.
Oxford Metrics did not declare an interim dividend.
Oxford Metrics has traded well in the first half delivering both revenue and profit improvements, with key metrics tracking ahead, chief executive Nick Bolton said.
Strong cash generation has continued providing the group with a resilient platform to operate through the challenging environment.
While restrictions continue to vary in many of the countries we serve, we have been encouraged by the return to more normal levels for Vicon s markets, particularly in the US, and, for Yotta, we expect a return to more normal trading conditions in the second half. ....

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Marks and Spencer Group PLC, Aviva PLC and Ted Baker PLC among the big names in coming week


M&S, Aviva and Ted Baker among the big names in coming week
Also in the diary are landlords Shaftesbury and British Land, retailer Pets At Home and utility group SSE
The week ahead is expected to see results from several well-known retailers, notably Marks & Spencer, Ted Baker and Pets At Home, while insurance giant Aviva will also be in focus when it updates on its current trading.
Meanwhile, landlords British Land and Shaftesbury are also in the diary alongside software firm AVEVA and utility firm SSE.
Things are a little quieter on the macro calendar, with US GDP and jobless claims on Thursday likely to be the key draw. ....

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