Never miss an issue of Master Investor Magazine – sign-up now for free! |
Software developer SCISYS (LON:SSY) has announced that its results for the year ended 31st December will comfortably meet market expectations. The order book remains solid, with £23 million of new contracts won since mid-December, and stood at £100 million at the close of the year.
Chairman Mike Love commented: “We remain optimistic and confident for the Group’s prospects going forward, given in particular the strength of its order book and end of year net debt position. SCISYS is well positioned to deal with Brexit and other challenges faced by the business community in 2019“.
SCISYS’s share price rose 3.12% to 178.40p (as of 14:50 GMT).