Chairman and 21.5 per cent shareholder, Chris Winn, revealed that trading results in the first four months of the financial year to end September 2016 are 10 per cent ahead of the same period last year. Head of research Eric Burns at brokerage WH Ireland was previously forecasting revenue and adjusted profit growth of 7 per cent, so the company is trading well ahead of these estimates, leaving scope for earnings upgrades as the year progresses. That's a distinct possibility given that the total order book has risen by over a third to £3.2m since the end of September 2015 and sales order intake is 15 per cent ahead of the same period last year. This partly reflects new customer orders worth £1.5m, a figure that exceeds that for the whole of the last financial year.
Digital retail software sales growing strongly