Group NBT Preliminary Results - September 2011






  


    


  

    

    

            

                      

              News Date: 

                    Friday, 24 September 2010        

        




In September 2011, Group NBT published the interim results for the year ended 30 June 2010.


Geoff Wicks, Chief Executive Officer, commented: “We are pleased with this strong result that once again demonstrates our robust business model. We have been affected by the economic downturn but we are confident that we are in a strong position to take advantage of better market conditions.”


Highlights  


    

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		Strong performance in challenging markets 
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		Revenue up 6% to £43.9 million  
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		NetNames Platinum Service revenue up 7% to £13.8 million  
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  • 
		Managed hosting revenue up 7% to £6.4 million 
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		Brand protection revenue up by 26% to £1.7 million   
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		Underlying pre-tax profit* up 21% to £8.1 million  
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  • 
		Underlying diluted EPS* increased by 18% to 23.71 pence  
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  • 
		Proposed total dividend increased by 40% to 4.2 pence 
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  • 
		Net cash at year end of £11.4 million up from £5.2 million
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*excluding amortisation and in previous year, restructuring costs