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Tuesday 15 September 2009 8:00 pm

Anite warns on first half profit

By: admindrupal

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IT services firm Anite warned yesterday it expects first half profit to come in significantly lower than last year, due to less favourable currency movements and seasonality as well as the impact of the economic downturn. “As we expected, trading for the year to date has been challenging,” the firm said in a statement. “The investments we are undertaking this year are however building strong foundations for future profitable growth.” Anite, whose order book stood at about £57.6m at the end of August, also said Richard Amos had agreed to join the board as finance director in November.

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