Business Control Solutions half year results 'in line with expectations'

04 July 2007 | 991 views | 0 Source: Business Control Solutions

The Board of Business Control Solutions Group plc ("BCS Group" or "the Company"), the provider of consultancy and software control solutions, reports that trading for the six month period ended 30 June 2007 was in line with expectations.

We are making good progress on our strategic projects, particularly Balance Sheet Integrity, where we have already made our first sale to a tier 1 European bank with the implementation planned for the fourth quarter of this year. Early feedback on the product is excellent. Our consultancy side of the business has also performed well in the first half of the year.

Nigel Walder, BCS Group CEO, commented: "as we stated in our preliminary results for the year ended 31 December 2006, this is very much a year of investment and transition for BCS and at the half way stage I'm pleased to be able to report that we are trading in line with expectations. The second half of the year will see an increase in sales and marketing activity, particularly around Balance Sheet Integrity with particular focus on building our sales pipeline for 2008."
The Company intends to publish interim results by mid-September.