Intec Telecom Systems Plc. (ITL.L) announced a positive update on trading for the half year to 31 March 2009. The company expects to release its interim results on 21 May 2009.
Intec expects first half revenues in the range of £79.0 million to £80.0 million. In constant currency terms, overall revenue growth is expected to be between 14% and 15% over the prior year period with licence revenue growth in excess of 35%.
The company expects first half profit before tax to increase by at least 50% in constant currency.
Andrew Taylor, Chief Executive Officer of Intec Telecom, commented," we have better visibility for the full year and the trading outlook across the Group remains in line with management expectations."
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