Phoenix IT Group Posts H1 Loss - Quick Facts

Phoenix IT Group plc (PNX.L), the UK IT services company reported, on a statutory performance basis, loss before tax of 63.3 million pounds for the six months ended 30 September 2012, compared to profit of 9.8 million pounds last year. Loss for the period was 63.2 million pounds compared to profit of 7.4 million pounds last year. Loss per share was 83.9 pence compared to profit of 83.9 pence last year. Revenue decreased to 124.0 million pounds from 131.0 million pounds last year.

Underlying profit before tax was 7.8 million pounds compared to 12.2 million pounds, restated, prior year. Underlying earnings per share were 7.6 pence compared to 11.7 pence last year.

The Board has announced the payment of an interim dividend of 3.70 pence per share, to be paid on 9 January 2013 to shareholders on the register on 7 December 2012.

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