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12 Sep 2018 | 14:56

Elecosoft profit grows on higher sales

Construction software specialist Elecosoft reported a rise in first-half profit underpinned by rising revenue.

Pre-tax profit for the six months through June rose to £1.2m, up from £1.0m on-year, as revenue rose 5% to £10.6m.

The company also announced that finance director Simon Morgan has resigned with immediate effect to pursue other interests.

He had been replaced by deputy finance director Benjamin Moralee.

At 2:56pm: (LON:ELCO) Elecosoft PLC share price was -4.5p at 80.5p

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