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Published on: 1/1/2007
Last Visited: 2/9/2009
Commenting on the results, Peter Miles, Chairman, said, "I am pleased to report that the business has performed robustly.
Our record sales are especially creditable given the background of US dollar weakness, which adversely affected sales and profitability.
Our results demonstrate the high quality of our software offering and the diversified spread of our business across the many industries in which we operate."
"We have had an encouraging start to the current year but we will not be immune to any global downturn in economic activity," added Mr. Miles.
"However, by offering our wide range of products and services across a number of industries, we are in a position to capitalize on the variety of opportunities available to us.
We continue to view prospects for the business over the long term very positively."
Mr. Miles also highlighted the expected benefits of the closer relationship with leading metrology supplier Renishaw, following its £6.1 million investment in April.
"Since then, we have been working together on new initiatives, including the development of software to support Renishaw's new inspection probes and for applications in the medical industries," he reported.