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Pin to quick picksDillistone Share News (DSG)

Share Price Information for Dillistone (DSG)

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Share Price: 9.25
Bid: 8.50
Ask: 10.00
Change: 0.00 (0.00%)
Spread: 1.50 (17.647%)
Open: 9.50
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Low: 9.25
Prev. Close: 9.25
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Dillistone Group's full-year profit will be in line with expectations

Wed, 08th Feb 2017 08:49

(ShareCast News) - Dillistone Group, a software provider for the recruitment industry, anticipates that full-year profit will be in line with expectations with growth in revenue and earnings as it gained from recent foreign exchange fluctuations, but was affected by economic turbulence last year.The AIM-listed company said that pre-tax profit, before acquisition related items and one-off adjustments, are expected to be broadly in line with expectations for calendar 2016, with year-on-year growth in revenue, profit and earnings before interest, tax, depreciation and amortisation (EBITDA).Currency gains affected revenue and costs, however the net impact of the currency fluctuation had been positive.Dillistone said that economic turbulence in 2016 resulted in a lower than normal level of sales of new licences and subscriptions to existing clients, however licence sales to new clients and upgrades for existing clients remained "strong".The company said it "remains optimistic about making further progress in 2017, although it is mindful of the wider economic influences and their potential to impact on the performance of the business. The group remains profitable and cash generative and continues to follow a progressive dividend policy, subject to the needs of the business".It maintained that product development will continue to be a priority throughout 2017.The Dillistone Systems division saw an improvement in its market performance after a challenging 2015, with growth in the number and total value of new contract wins.Dillistone is also reviewing its amortisation policy for development costs in order to bring it more in line with the industry by writing off all such costs over five years rather than between five to ten years. This would result in a one-off negative adjustment on pre-tax profit for 2016, a minimal benefit in 2017, but would have a positive impact in 2018 and subsequent years.Shares in Dillistone Group were down 2.55% to 95.50p at 1007 GMT.
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22 Oct 2013 12:25

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17 Oct 2013 15:05

DIRECTOR DEALINGS: Dillistone Group Non-Exec Sells Shares

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8 Oct 2013 15:53

Hochschild Chairman increases stake ahead of proposed acquisition

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8 Oct 2013 12:26

DIRECTOR DEALINGS: Dillistone Group Non-Executive Sells Shares

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24 Sep 2013 08:47

Dillistone Profits Up As Both Businesses Performs Strongly; Raises Dividend

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24 Sep 2013 08:31

Tuesday broker round-up UPDATE

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10 Jan 2013 15:58

Dillistone Chairman boosts stake by 178,485 shares

The Chairman of Dillistone, an AIM-quoted supplier of software for the international recruitment industry, has added to 178,485 shares to his stake in the company, it was announced Thursday. Mike Love, purchased the shares at 178,485 at 81.5p each, costing him £145,465. The transaction takes his s

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21 Sep 2011 07:44

Dillistone to buy Woodcote Software

AIM quoted software supplier for the recruitment industry Dillistone announced that it will acquire Woodcote Software and has raised £500,000 through a placing of 694,445 new ordinary shares at 72p each. Woodcote is a non-trading holding company and owns Voyager Software, which sells software produ

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31 Jan 2011 10:59

Dillistone in line

Executive search software provider Dillistone says that its 2010 figures will be in line with expectations. The full year figures are expected to be published on 5 April. Edison Investment Research expects the AIM-quoted company to report a rise in profit from £1.08m to £1.15m. That is still below

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3 Nov 2010 06:40

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24 Sep 2010 11:13

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London close: Footsie bounds ahead

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1 Apr 2010 16:43

Dillistone makes fast start to 2010

Recruitment software firm Dillistone said it met expectations with its 2009 results, which saw performance in the second half top both the preceding half-year periods. Revenue in 2009 eased to £3.65m from £4.60m in 2009, but recurring revenue rose 4.4% to £2.34m, and now represents 64% of total tur

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19 Mar 2010 16:37

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