Planit Holdings - Increased Profits


LONDON (AFX) - Planit Holdings PLC said demand for its products continues to remain buoyant and it is confident about the prospects for the coming year as it reported an increase in full year pretax profit to 3.55 mln stg from 2.72 mln
Turnover in the year to April 30, 2002 was 22.347 mln stg, up 17 pct from 19.070 mln. Operating profit increased 34 pct to 3.874 mln stg while operating profit before goodwill and internet costs stood at 5.590 mln stg versus 4.504 mln. Basic earnings per share were 2.7p, up 35 pct from 2.0p.
The company proposed to declare a final dividend of 0.4p per share, up from 0.35p last year.
On prospects, the company said: "Our future strategy will be to integrate our various operational companies to form regional hubs responsible for the management and distribution of the group's products."

Full details at:
From today's Times:

Solid full-year figures pegged Planit Holdings at 51½p. The developer of design and manufacturing software filed numbers slightly ahead of the forecasts of Beeson Gregory, its house broker, helped by last year’s £6.1 million acquisition of Licom. It also reported record trading in the US during March and April