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[Oct 2005]
Record Half-Year for Delcam
Delcam PLC (Birmingham, England) achieved its best ever first half sales and profits. Sales for the six months to 30 June 2005 were £11.8 million, up 11% on the previous best first half sales of £10.6 million achieved in the first six months last year.
Pre-tax interim profit was £800,000, an increase of 20% over the £660,000 achieved in H1 2004. The increase in both sales and profits came partly from the addition of Engineering Geometry Solutions (now renamed Delcam USA) to the Delcam group but mainly through increased sales of Delcam's established Power Solution range of software.
The period also saw an increase in the volume of Delcam's business with OEMs. New contracts have been signed that enable the company's engraving, routing and inspection software programmes to be supplied by manufacturers of related equipment.
www.delcam.com
ENDS