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Prologic reports 150 per cent rise in profits |
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Written by Business Weekly
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Wednesday, 06 December 2006 |
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Herts-based Prologic, a provider of IT solutions aimed specifically at the fashion industry, has reported a 150 per cent growth in pre-tax profits and an 8 per cent increase in turnover in its interim results for the six months ended 30 September 2006
As well as new customer wins with up and coming outdoor clothing and equipment retailer, Go Outdoors, Prologic won an important consultancy project for a high-growth multi-store retailer and completed implementations at Arsenal FC and Liverpool FC. Turnover reached £4.9m for the period (2005: £4.5m) and pre-tax profit hit £52k (2005: £21k). Share price increased 2.5p, up 2.94 per cent to 87.5p. |
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