IGNORE
Xchanging announced a solid set of results at the half-year stage with underlying operating profits up 16 per cent to £16m on flat revenues as its self help programme delivered results. The business process outsourcer (BPO) increased operating profit margins from 4.3, to 5 per cent and the cash flowed in with free cashflow up by £16.4m to £19.4m, leaving a strong net cash position.