Intercede boosted by strong sales
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AIM-listed digital credential management specialist Intercede (LON:IGP) has announced that revenues for the six months ended 30th September were more than 10% higher than in the comparable period of last year. Management said that this was down to a strong end to the half year, with orders from new and existing clients.
As a result of this, as well as steps taken to reduce the cost base, operating losses for the first half narrowed to below £1 million, from £3.1 million a year earlier.
The share price climbed by 9.8% to 32.95p (as of 14:30 BST).
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