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[05.07.2005]
Alphameric Plc (“Alphameric”
or “the Group”) Interim
Results for the six months ended 31
May 2005
Review of Operations
Leisure
Alphameric Leisure had an excellent
first six months' trading. Revenues
increased by 68% to £23 million
(2004: £13.7 million) and the
operating profit
(before amortisation of goodwill and
exceptional administrative expenses)
more
than doubled to £3.0 million
(2004: £1.4 million).
The major order to equip all of the
William Hill estate with our EPoS
and
display technology is currently in
roll out stage and I can report that
progress
to date has been excellent, with completion
scheduled for early 2006.
In May we purchased the entire issued
share capital of Optical Mark Systems
Limited (OMS), a business that provides
EPoS, risk management, telephone and
Internet betting solutions to bookmakers
both in the UK and overseas. The
consideration for this acquisition
was £1 million. It is our intention
to use
selected elements of the OMS product
set to enhance our product offering
to
bookmakers particularly in the areas
of risk management, telephone betting
and
the Internet.
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