Indigovision Group plc Announces Revenue Results for the Twelve Months Ended July 31, 2014; Provides Earnings Guidance for the Twelve Months Ended July 31, 2014
Operating profits for the 12 months to July 31, 2014 will be around £2.4 million, approximately 17% higher than the corresponding period last year. Profits were affected by sterling strengthening against the US dollar (in which the majority of the Group's sales are denominated). Before foreign exchange movements, operating profit will be around £2.7 million, approximately 50% higher than last year. Last year's operating profits included a £0.3 million foreign exchange gain.