Scisys completes acquisition of Annova Systems for £9.7m
3rd Jan 2017 09:58
(ShareCast News) - Information and communications technology provider Scisys has completed the acquisition of Munich-based software provider Annova Systems for €11.35m (£9.7m), in order to put it in "a stronger market position" across Europe. The acquisition, which is expected to be "strongly" earni
Read moreScisys to build operations centre for Franco-German satellite mission
19th Dec 2016 07:50
(ShareCast News) - AIM-listed software company Scisys has won a €3.3m contract with aircraft maker Airbus to build the payload operations centre for a Franco-German satellite climate mission. Scisys signed a contract with Airbus' defence and space division to provide central functions for the payloa
Read moreScisys buys Germany´s Annova Sytems for £9.7m
24th Nov 2016 10:32
(ShareCast News) - Software company Scisys bought Munich-based Annova Systems, a software provider for €11.35m (£9.7m) which puts it in "a stronger market position" across Europe. The acquisition, which is expected to be "strongly" earnings enhancing from 2017 onwards, will be funded via a new bank
Read moreScisys sharers rise at it revises full year outlook
17th Nov 2016 10:41
(ShareCast News) - Shares in Scisys rose as the supplier of bespoke software systems to the space, defence, government and commercial sectors updated its outlook for the year, following "strong" trading in the second half. The AIM-listed company now expects adjusted operating profit, before exceptio
Read moreSciys wins space satellite contract with OneWeb
9th Nov 2016 09:20
(ShareCast News) - Sciys, a supplier of bespoke software systems, has won a contract with OneWeb to deliver satellite mission-planning software based on its Pleniter product. OneWeb, a global satellite communications provider, will use the software for its satellite constellation, which is being
Read moreScisys wins further contract with MoD
5th Sep 2016 10:52
(ShareCast News) - Scisys, a supplier of bespoke software systems and IT-based solutions, has been awarded a contract by the UK Ministry of Defence to deliver further research and software development services to the Defence Science and Technology Laboratory. The contract, awarded through the MOD's
Read moreStrong euro could benefit full-year numbers for SCISYS
16th Aug 2016 10:38
(ShareCast News) - Bespoke software systems supplier SCISYS updated the marker ahead of releasing its interim results in September on Tuesday. The AIM-traded company said it has maintained the "encouraging start to the year" reported at the AGM on 9 June. It said this favourable trading picture is
Read moreScisys optimistic after problem contract resolved
31st Mar 2016 17:39
(ShareCast News) - Preliminary results from Scisys confirmed a strong second half recovery that lifted the numbers above expectations Scisys, which recently won a £4m contract to develop a customs compliance management information system for the UK Ministry of Defence, reinstated the full year divid
Read moreSCISYS system selected by major UK broadcaster
24th Feb 2016 12:16
(ShareCast News) - SCISYS was celebrating a multi-million pound contract win on Wednesday, revealing an unnamed major UK broadcaster was selecting its dira! system for radio production and playout. The AIM-traded supplier of bespoke software and IT solutions said the contract was the next step in im
Read moreScisys posts profit warning after project complications and weakness of the euro
4th Jun 2015 08:47
Computer software group Scisys warned its profits in 2015 will be lower than expected after experiencing difficulties in its enterprise solutions and defence division and the weakness of the euro. The group said that since entering into the system integration phase, it realised that the size and com
Read moreScisys full-year revenues drop as euro weakens but profits rise 67%
26th Mar 2015 09:22
Scisys, the computer software and services company, said it improved profits during 2014 but revenues were lower than expected due to a strong sterling and concerns around public funding. Revenues declined 5.3% to £40.3m, but profits before tax rose 67% to £3m. As a result, earnings per share jumped
Read moreSCISYS wins contract with Airbus
16th Sep 2014 15:46
SCISYS released a statement on Tuesday announcing a new contract with Airbus Defence and Space, at an estimated value of €2m. SCISYS is a supplier of bespoke software systems, IT based solutions and support services to the media broadcast, space, government and defence and environment sectors. Foll
Read morePace CFO cheers with share purchase
7th May 2014 15:51
Pace shares were moving higher on Wednesday after the group's Chief Financial Officer (CFO), Roddy Murray, bought himself 30,000 shares in the technology developer. Paying 349.9p a share, Murray spent a total of £104,970 and took his total beneficial holding to 130,000 shares. The deal took advan
Read moreSCISYS lands deal to provide facilities for EUMETSAT
14th Apr 2014 07:57
Software systems, IT based solutions and support services supplier SCISYS has landed a contract with GMV Aerospace and Defence to deliver the mission operations facility for EUMETSAT's upcoming geostationary weather satellite, Meteosat Third Generation (MTG). EUMESTAT is the European Organisation
Read moreLondon open: Footsie flat, Vodafone rises on Indian tax ruling
20th Jan 2012 08:28
The Footsie opened flat on Friday morning, with a rise in the banking sector being offset by resource stocks. The blue chip index nudged just a few points lower to 5,738 in early trading, following yesterday's 0.7% rise on the back of strong macro data and an improving outlook in the Eurozone. In o
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