Interim results expected to be in-line with consensus forecasts.
In light of recent developments in the technology sector, Detica Group plc (“Detica” or “the Group”), (LSE: DCA), an established UK IT services company, provides investors with the following pre-close trading update:
The Group continues to see strong demand for its services and expects to announce interim results for the six months ending 30 September 2002 in-line with consensus forecasts.
Detica will announce interim results for the six months ended 30 September 2002 on Tuesday, 26 November 2002.
Commenting, Tom Black, Chief Executive of Detica said:
“During the period we have seen good performances from our activities in both the Government and Commercial sectors and expect to deliver solid interim results in-line with consensus forecasts. Detica continues to benefit from its strong technology focus, mix of Government and Commercial assignments, close client relationships and its position at the top end of the IT consultancy industry, where we help companies and Government departments to maximise returns on their significant IT investments.”
Detica Group plc
Tom Black, Chief Executive
Andrew Alcock, Finance Director
01483 442 000
0207 831 3113
Notes to editors:
Detica is a high-level IT services consultancy focused on helping organisations harness technology to identify, attract, develop and retain customers through its effective integration with business processes.
On 18 June 2002, Detica announced revenues for the year ended 31 March 2002 of £32.8 million and profits before tax and exceptional flotation expenses of £5.9 million. In this period, revenues derived from the Commercial sector amounted to £18.7 million and revenues derived from the Government sector amounted to £14.1 million (57% and 43% of Group revenues respectively). Detica floated on the London Stock Exchange in April 2002 raising £14.4 million (net of expenses). Detica's clients include British Airways, Centrica, Prudential, Hutchison 3G, Eurostar, National Express and Lloyds TSB plus Government departments including HM Customs & Excise and the Ministry of Defence. www.detica.com