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Highlights from 2011 interim report
- Revenue up 10% on same period last year at £6.4m (2010: £5.8m).
- Significant increase in profit before tax to £1.8m (2010: £0.2m).
- Cash at end of period £1.3m (2010: £1.3m) with no debt (2010: £nil).
- Profitability achieved by both the Regulatory and the Trading and Risk businesses with a particularly strong advance by the Risk business.
- Contract for global application of COLLINE® at Société Générale.
- Launched latest web-enabled version of regulatory product.
- Maiden dividend of 0.03 pence per ordinary share of 0.5p (“Ordinary Share”) paid; interim dividend of 0.02 pence per Ordinary Share approved by the Board in respect of the half year to 30 September 2011.
Featured
Contract win with leading German universal bank
Lombard Risk is pleased to announce a new contract win with a leading German universal bank for the purchase of Central Counterparty Clearing (CCP) functionality in Lombard Risk’s COLLINE system for global collateral management, with a term of five years. John...