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Additional Information
Market: AIM
Sector: Software & Computer Services
EPIC: SSY
Latest Price: 69.50p  (0,00%)
52-week High: 72.00p
52-week Low: 50.00p
Market Cap: 20.16M
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Scisys Plc
www.scisys.co.uk
Deal Scisys Plc Tax Free* Losses can exceed
your initial deposit *subject to change and depends on individual circumstances.

SciSys plc, formerly CodaSciSys plc, is a holding company that provides a range of professional services in support of the planning, development and use of computer systems. The Company is organised around three principal divisions: Space, VCS Media & Broadcast and Government.

Full Scisys Plc profile here
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SCISYS hopeful of more progress in 2013

January 21 2013, 8:36am More margin growth remains the key focus for SCISYS

 

IT services company SCISYS (LON:SSY) has revealed that it performed as expected in its latest financial year.

The company's adjusted underlying earnings (EBITDA) for the year should be consistent with market expectations when it reports on March 21, showing further improvement in net operating margins.

Though cautious about the outlook, SCISYS believes the business is “capable of further progress in 2013”.

Chairman Mike Love said: “Despite several challenges during the second half I am pleased that our full year results for 2012 are in line with expectations and that the company has been able to deliver another good performance, yet again demonstrating the underlying resilience of the SCISYS business.”

He added that more margin growth remains the key focus for SCISYS.

The company said cash inflows have remained strong and continue to underpin its dividend policy.

While the markets in which it operates remain difficult, it anticipates reporting a “healthy” opening order book and new business pipeline for 2013.

Organic revenue growth is likely to remain a challenge in the UK public sector, it added.

 

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