Brady on track to meet FY expectations

7th Sep 2009 15:28

Financial software systems provider Brady reported a rise in first half pre-tax profits and said it expects to meet forecast for the full-year.Pre-tax profit rose to £309,000 in the six month ended 30 June compared with £218,000 last time, while sales we up 49% at £3.69m.'The group has delivered strong growth in both revenues and operating profits in the first half of 2009. This demonstrates the continued success and momentum following the reorganisation in 2007 and execution of the new business plan set out in 2008,' said chairman Paul Fullagar.'The board has confidence that the group will meet its expectations for the full year and remains well placed for future growth.'