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 turnover. Profit before tax eased to £1.08m from £1.43m the year before. 'We are delighted to report that in the first three months of 2010, we have enjoyed a significant increase in our order intake and remain confident that our strong balance sheet, global client base and market leading suite of products puts us in a strong position for the future," said Jason Starr, managing director of Dillistone. The full-year dividend has been maintained at 10.5p.