Sagentia Group 1H Pretax Profit GBP0.9M Vs Loss GBP1.9M

21st Jul 2010 07:58

LONDON (Dow Jones)--Sagentia Group PLC (SAG.LN), an international technology consulting company, Wednesday reported first half pretax profit of GBP0.9 million, compared with a loss of GBP1.9 million a year earlier. MAIN FACTS: -Revenue for the half year ended June 30 GBP9.8 million (2009: GBP12.1 million). -Gross profit GBP1.2 million (2009: Loss GBP0.6 million). -EPS 3.8 pence (2009: Loss 9.0 pence) -Cash balance GBP12.5 million (2009: Net debt GBP4.8 million). -Board has commenced its search for acquisition opportunities to accelerate the growth of the Group. -Board is not proposing to pay a dividend -Shares closed Tuesday at 48 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; [email protected] (END) Dow Jones Newswires July 21, 2010 02:58 ET (06:58 GMT)