Published: 28 February 2013



IDOX plc (AIM: IDOX, 'IDOX' or the 'Company'), a leading independent supplier of software and services to the UK public sector and global engineering information markets, is holding its Annual General Meeting today.

 At the AGM, Chairman Martin Brooks will make the following statement:

"The focus on our two core software divisions continues to deliver better visibility through larger, more diversified and better qualified prospect pipelines.

In Public Sector software there has been a steady continuing progression of new business from software vendor consolidations by local authorities, further increasing our market share. This is expected to result in further growth in the first half and an increased order book of contracted services to be delivered in the second half.

In Engineering Information Management software, there has been a quieter start in license sales compared to last year, as there are no global contracts currently planned to be signed in the first half. However, the business outlook has improved with a stronger pipeline through the continued investment in our sales team's global reach. Current customer intentions indicate a greater weighting of new license and services business in the second half, compared to 2012.

As is usual, and in a further year of global economic uncertainty, the board considers it too early to provide full year guidance."

Enquiries:

IDOX plc

+44 (0) 20 7332 6000

Martin Brooks, Chairman

 

Richard Kellett-Clarke, Chief Executive

 

William Edmondson, Chief Financial Officer

 

 

 

Investec Investment Banking

+44 (0) 20 7597 5000

Andrew Pinder/Patrick Robb/Dominic Emery

 

 

 

FinnCap

+44 (0) 20 7220 0500

Stuart Andrews/Stephen Norcross

 

 

 

Leander PR

+44 (0) 7795 168 157

Christian Taylor-Wilkinson

 

 



Rule 26
Updated: 20 March 2018

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