Delcam says Q4 strong, sees record rev in 2012

Delcam Plc, the British maker of design, manufacturing and inspection software, today issued an interim statement that sent its share price up 6% mid-day in London. Why? Because the company announced that it now expects record revenue for 2012 as well as profit before tax that is ahead of expectations.

The company’s statement reminds us of the record revenue reported for the first half of 2012 and said that “trading in the second half of the financial year to date has been strong, especially in the important fourth quarter”. In all, it expects revenue of about £46 million for the full year, which would be a record high. Delcam reported 2011 revenue of just under £42 million, so this would be revenue growth of about 10%.

Delcam will report in more detail on March 26 2013.