08/09/1999
Despite reporting a 10% increase in educational sales, Novara's interim results showed pre-tax profits falling 6% to £3.3m (excluding exceptionals of £700,000). Both comparisons exclude the pharmaceutical division sold last year, which contributed £63m to turnover. The purchase of a 33% stake in Dialnet, a supplier of computer networking services to schools, forms part of a strategy of widening its business services. The delay in concluding a £9.75m Brazilian contract is likely to impact on expectations for the full year.
| Market cap: | £52.4m |
| Share price: | 57.5p |
| LSE | £235.96m |
322.25p
|
2.25p
|
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| Other company articles: |
| 01/08/2008 |
| 10/08/2007 |
| 09/08/2007 |
| 08/09/1999 |
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