Misys expects growth to slow as orders are deferred

Article Abstract:

Misys PLC posted an improvement in its pretax profits of 39% for the year ending on May 31, 1999. This figure came before one-time items. Misys, a software company based in the UK, posted 124 million pound sterling (188.9 million euros) in pretax profits for the year. The company's banking and securities software divisions were the prime reasons for Misys' pretax profit growth. However, the company is expected to see slower growth by the end of 1999 as banks move away from Y2K-ready programs.

Comment:

Posts improvement in pretax profits of 39% for year ending May 31, 1999

Computer Software, Software Publishers, Software, Abstract, Misys PLC

---

Results swing to net profit, ending three years of losses

Article Abstract:

Eidos PLC posted a 19.3 million pounds (28 million euros) net profit for the fiscal year ending June 30, 2003. The results ended three years of losses for the company.

Company sales and earnings, Company earnings/profit, Eidos PLC

---

Similar abstracts:

• Abstracts: Ericsson's profit is expected to drop 34%. Ericsson to detail cost cuts, including a hiring freeze. Ericsson news hurts tech shares as indexes retreat
• Abstracts: Avoiding peanuts. We are flying into turbulence: British Airways. Hemmed in at home
• Abstracts: Rockwell Collins reports loss due to drop in demand. Rockwell profits are up 1.5%. Boeing posts $478 million loss on write-down
• Abstracts: ING plans to cut about 1,600 jobs at its U.S. business. Bipop cuts profit on provisions for bad loans. Fortis cuts forecast for full-year earnings
• Abstracts: Analysts expect surge in profit for Aventis; gain of about 40% seen for first nine months. Sanofi outlines plan to revamp Aventis: suitor would overhaul research and development to boost lab productivity

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.