Full-year results from the supply chain software and solutions business were promising. Turnover rose from £2.4m to £7.8m, while losses were scythed from £7.8m to £1m. The results marked former cash shell Chelford's first full year as a trading company. Other positives included a £1m order from Adams Pork Products (signed earlier this month), the signing of managed service contracts worth £500,000 and the fact that a healthy £4.2m (£4.7m) remains in the bank. Both the company and house broker Old Mutual forecast a small profit before goodwill in 2002. The latter alludes to prospective earnings of 0.1p, putting Chelford on an undemanding p/e of 8.4.