Idox posts 50 per cent growth in revenue
12th Dec 2012 07:05
AIM-listed software and services provider IDOX posted a 50 per cent rise in its revenue to 58m pounds in the year ending October 31st, according to annual results published on Wednesday morning. Adjusted profit before tax was up 36% to £14.8m from £11.6m a year earlier and earnings before goodwill,
Read moreIDOX to beat expectations in 2012
12th Nov 2012 10:00
Software and services firm IDOX said it expects full year results to come in comfortably ahead of consensus market expectations for the full year. The firm said growth in both the public sector and engineering software divisions - and an active acquisition programme - had driven strong revenue and
Read moreMonday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
Read moreIdox adds facilities management to its software services range
19th Oct 2012 12:08
IDOX, an AIM-listed supplier of software and services, has bought FMx, a supplier of computer-aided facilities software. FMx, which is being bought for £5.6m in cash, provides facilities management software solutions to corporate, public and commercial property customers in over 30 countries. It re
Read moreSunday share tips: Vodafone, Aviva, Idox
1st Jul 2012 19:01
Writing in today´s Sunday Times Tempus explains how Associated British Foods is one of his solid, defensive picks. Its food brands and its Primark clothing stores are at the cheap and cheerful end of the market, and he suspects the current bounce in the FTSE is not sustainable, and the market will f
Read moreSales and profits rocket at IDOX
26th Jun 2012 08:05
Software and services provider IDOX saw revenues and adjusted profits jump by over a half in the first half, helped by recent acquisitions and its increasing international exposure. Revenue in the six months to April 30th jumped by 58% from £18.1m to £28.6m. On an organic basis, revenues increased
Read moreThe incredible rise of IDOX continues
29th May 2012 09:50
Idox, the software firm is in full on hiring mode, after letting the market know its 2012 figures will be 'substantially' ahead of 2011. Excluding acquisitions, revenues from operations in the public sector and the Engineering Information Management businesses delivered 10% organic growth. Inclu
Read moreTwo contracts in a week for IDOX
25th May 2012 07:35
Software and services provider IDOX has announced the second contract win of the week for its McLaren Software unit. McLaren Software has entered an agreement to supply the McLaren Enterprise application software suite and related services to US firm CH2M Hill in a deal worth $405,000 in the first
Read moreOXY chooses IDOX
23rd May 2012 10:35
IDOX, the software services firm focused on the UK public sector, said its McLaren Software engineering information unit has bagged a contract with Occidental Petroleum. McLaren is to supply its McLaren Enterprise application software suite and related services to OXY, a subsidiary of US oil and ga
Read moreMonday broker round-up - UPDATE
19th Mar 2012 09:37
Antofagasta: Exane BNP Paribas upgrades from neutral to outperform, target lifted from 1,200p to 1,450p; Nomura cuts target to 1,500p from 1,650p, buy rating unchanged. AstraZeneca: Goldman Sachs cuts target from 3,350p to 3,306p, neutral rating kept. Barclays: UBS raises target from 240p to 272p,
Read moreIDOX wins Great London Authority contract
14th Feb 2012 07:50
IDOX, a supplier of document management solutions to the public sector, has won a five-year contract to manage the Information Service of the Greater London Authority (GLA). The contract, worth £0.8m, began in January 2012 and will focus on delivery of the GLA's intelligence function. IDOX will pro
Read moreSt Modwen's Oliver says 'More, please'
8th Feb 2012 15:18
With its full year results out of the way on Tuesday, directors at property regeneration specialist St Modwen wasted little time in diving into the market to buy shares in the fast rising stock. Construction Director Steve Burke built up his stake with the purchase of 35,904 shares at a cost of £54
Read moreDiversification pays off for IDOX
14th Dec 2011 15:09
IDOX, the supplier of document management solutions to the public sector, saw revenues and underlying profits surge ahead in what it described as a transformative year for the company. Revenue in the year to October 31st jumped 23% to £38.6m from £31.3m the year before, reflecting the full year imp
Read moreWednesday broker round-up - UPDATE
14th Dec 2011 10:09
Tesco: ING downgrades to sell from buy. Marks&Spencer: ING downgrades to sell from hold. Morrison: ING upgrades from hold to buy. Rio Tinto: Credit Suisse reiterates outperform recommendation and 5,000p target. London Stock Exchange: Credit Suisse upgrades from underperform to neutral, 850p tar
Read moreIDOX and ArcelorMittal units ink software deal
21st Jul 2011 10:19
Software and services provider IDOX said its subsidiary McLaren Software has inked a global agreement with a unit ArcelorMittal, the world's largest steelmaker, to supply its engineering document management application. The application - McLaren's Enterprise Engineer suite - will initially be deplo
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