Interim figures from Rosslyn Data were below expectations after a slow start from Integritie. We have downgraded our revenue forecasts to reflect this. Cost rationalisation has however continued apace and we expect cash break even to be achieved this calendar year. The strategic rationale for the Integritie acquisition remains sound and this is enabling the enlarged group to pursue larger contracts which should lead to much improved H2E.
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Interims
Rosslyn Data Technologies PLC (RDT:LON) | 10.2 0 (-2.4%) | Mkt Cap: 1.81m
- Published:
31 Jan 2018 -
Author:
Cavendish Research -
Pages:
4
Interim figures from Rosslyn Data were below expectations after a slow start from Integritie. We have downgraded our revenue forecasts to reflect this. Cost rationalisation has however continued apace and we expect cash break even to be achieved this calendar year. The strategic rationale for the Integritie acquisition remains sound and this is enabling the enlarged group to pursue larger contracts which should lead to much improved H2E.