March 16, 2020 / 2:11 PM / 17 days ago

BRIEF-Idox Says Q1 Performance Consistent With Board's Expectations For FY20 As A Whole

March 16 (Reuters) - Idox PLC:

* Q1 FINANCIAL PERFORMANCE IS CONSISTENT WITH BOARD’S EXPECTATIONS FOR FY20 AS A WHOLE

* NET DEBT AS AT 31 JANUARY 2020 AT £27.5M (FY19: £35.5M)

* WELL PLACED DUE TO HIGH RECURRING REVENUE BASE, HIGH PROPORTION OF STAFF WORKING FROM HOME, LIMITED EXPOSURE TO PLACES MOST IMPACTED BY VIRUS

* PUBLIC SECTOR SOFTWARE BUSINESS IS EXPOSED TO GOVERNMENT POLICY IN RESPONSE TO COVID-19

* NO MATERIAL IMPACT OF COVID-19 HAS BEEN IDENTIFIED TO DATE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below