Trading Statement

RNS Number : 6847S
Anite PLC
22 May 2009
 



For immediate release    

Friday, 22 May 2009


Anite plc


Year End Trading Update


Anite plc ('Anite' or 'the Company'), the international software and Solutions Company, today announces a trading update for the year ended 30 April 2009. 


Trading 

Operating profit* for the year as a whole was satisfactory and in line with the Board's expectations


Both Wireless and Travel reported operating profits* ahead of last year with the businesses benefiting from strong cost control and favourable currency movements. Divisional trends were in line with those reported at the time of the Company's Interim Management Statement in February 2009.


Industry news flow regarding 4G (LTE) technology continues to be positive, albeit in a recessionary environment, for the wireless industry as a whole. We anticipate growing demand for our new systems as the current financial year unfolds and as functionality improvements are achieved by Anite and its hardware partner, Agilent.  


*continuing operating profit before disposed businesses, share based payments, amortisation of acquired intangible assets and restructuring costs 


Board update

The Board is making good progress with the recruitment of a new Group Finance Director, and will make an announcement on an appointment as soon as possible


The Board welcomed Nigel Clifford as a new non Executive Director on 1 April 2009.


Notice of results

The Company intends issuing its preliminary results for the year ended 30 April 2009 on Wednesday, 1 July 2009.



- Ends -


Anite plc

www.anite.com

Christopher Humphrey, Chief Executive 

01252 775200



Smithfield

020 7360 4900

Reg Hoare / Tania Wild / Will Henderson 






This information is provided by RNS
The company news service from the London Stock Exchange
 
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