CAE Charteris

    RNS Number : 1642A
  Charteris PLC
  30 July 2008
   

    30 July 2008  
    CAE
    Charteris plc 
    ("Charteris" or "the Company")

    Trading Update 
    for the year ended 31 July 2008

    In the interim statement for Charteris, issued on 16 April 2008, we reported that first half trading had been encouraging, with good
growth in the on-line retail market and continued progress in the public sector. It is pleasing to report that these trends have helped to
sustain the performance in the second half.
    Our strategy of targeting key growth areas in multiple vertical markets is delivering improved performance and resilience to our
business. Our public sector business has continued to strengthen, building a reliable and consistent business in homeland security and local
government. In the retail sector, Charteris has made excellent progress, supporting the on-line growth of several of the market leaders.
This success, together with continued good performance in the legal expert witness area, has more than offset the inevitably subdued
activity in the financial services market. In view of this, the Directors expect the results for the year ending 31 July 2008 to slightly
exceed market expectations.
    A particular success in the public sector has been our work for Wiltshire County Council, helping them achieve their 'independent
living' agenda using our Customer Centric change management framework. Charteris also provided services to GAME, the specialist European
retailer of video games and consoles, which helped them with their delivery of over 140% growth in online revenues in their last trading
year.
    A recent contract win with a leading professional services company will see us design the basis of a solution to help transform the
company's operations, using an integrated front and back-office Microsoft platform. Business transformation based on a fully integrated
Microsoft Dynamics and Classic technology is an increasingly important Charteris differentiator.  
    We recently secured an important new engagement with NHS Greater Glasgow and Clyde to implement a new Microsoft desktop and server
computer infrastructure. Our experience in rationalising computer infrastructure to achieve improved efficiency, greater mobility in the
working patterns of staff, and energy savings was a key factor in the selection of Charteris. 
    Charteris plans to announce its preliminary results for the year ended 31 July 2008 at the beginning of November 2008.

    Change to Board Composition

    Alan Woodward has decided to step down from the Board of Charteris for personal reasons with effect from 31 July 2008. He will continue
to make a valuable contribution within the management group at the Company in his continuing role as Head of Commercial and Technology.  

    Cliff Preddy
    Chairman 

 Press enquiries:

 Charteris plc                                 Tel: 020 7600 9199
 David Pickering, Chief Executive
 Cliff Preddy, Chairman

 Biddicks                                      Tel: 020 7448 1000
 ZoBiddick / Sophie Lane

 Oriel Securities Limited (Nominated Adviser)  Tel: 020 7710 7600
 Michael Shaw


    About Charteris

    Charteris plc is a business consultancy which helps leading organisations transform business performance through the strategic
application of technology. It provides independent advice on the direction, structure and operation of businesses to enable those businesses
to become 'agile' and thereby adapt quickly and successfully to changing market conditions.

    The Company's services are concentrated in two main specialised service offerings ("Customer Centricity" and "Integrated Enterprise"-
defined below) across specific market sectors: Public and Legal; Retail, Manufacturing and Services; and Financial Services. 

    Within these markets Charteris sports an impressive list of blue-chip, smaller companies and government clients. These include
Debenhams, DLA Piper, GAME Group, Tesco, Macquarie, ITV Broadcasting, HBOS, GCHQ, NHS Scotland, the Cabinet Office and a number of local
authorities.

    Customer Centricity:  Enabling organisations to deliver a fully integrated service to their customers, irrespective of the sales or
communication channel.
    Integrated Enterprise:  Transforming mid and back office processes and integrating real-time decision-making into business operations.

    Further information can be found on the Company's website: www.charteris.com.





This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
TSTFGGZNNLMGRZM

Charteris (LSE:CAE)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025

Charteris (LSE:CAE)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025