Apart from the publication of the March 2010 Annual Report, on 26 July Crimsonwing plc also published its Interim Directors’ Statement covering the first quarter of the 2010/11 financial year.
The Directors stated that the Company is seeing increased demand for its solutions and services resulting in a 24% increase in revenues to €3.3 million for the first quarter of the year to 30 June 2010 compared to the same period last year. Moreover EBITDA improved by 66% to €325,000 (June 2009: €196,000). The Directors also indicated that the trading outlook for the second quarter to 30 September 2010 looks strong.
