Source: Portrait Software
Portrait Software (London: PST), a leader in Customer Interaction Optimisation software, announces today that sales for the second half of the year ending 31 March 2007 are expected to exceed £8 million, which is a sequential increase of over 30% compared with sales in the first half of the year.
The Company expects to report sales for the full year in excess of £14 million, an increase of over 20% compared to prior year.
Proforma earnings (pre-tax result excluding goodwill amortisation, exceptional items and employee share options expense) returned to profitability in the second half and are expected to be profitable for the full year.
Nick Randall, CEO of Portrait, commented, "There has been consecutive quarterly sales growth this year and the step up in the second half, and for the year as a whole, is most encouraging. We are making great progress with our various sales initiatives and believe that our sales growth momentum will continue into the new financial year."
Portrait will be announcing its full year financial results in June 2007.