skip to content

Trading statements

Intercede H1 revenues up 30%

05 October 2017 08:24

Intercede's first half revenues increased to more than £3.6m - 30% up on last time.

A trading update said that this was primarily due to new customer wins; the most notable including MyID licence sales to the largest US military shipbuilding company, a major US Aerospace & Defence contractor and one of the world's largest diversified natural resource companies.

It said that cash balances at the end of September totalled £4.8m compared with £1.4m a yar ago.

Intercede raised £4.6m (net) from the issue of convertible loan motes snd new equity in January with a further £0.5m from the same CLN instruments in August.

At 8:24am: (LON:IGP) Intercede Group PLC share price was +1p at 59p

Story provided by StockMarketWire.com

Related Company: IGP

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.