Tuesday 7 December 2010

Smart metering specialist Bglobal has announced its maiden profit and a surge in revenues

The s
mart metering specialist Bglobal has
announced its maiden profit and a surge in revenues.The AIM-listed
Lancashire company said it has passed several milestones, including buying
near neighbour Utilisoft for £12.8m in May.In the six months to September 30
group revenues rocketed 114% from £5.82m in the first half of 2009 to
£12.46m. A profit of £770,000 was declared, compared with a loss last year of
£670,000.Chief executive Tim Jackson-Smith, said: "The group has passed a
number of milestones.
http://www.thebusinessdesk.com/northwest/news/100529-maiden-profit-for-bglob
al.html?news_section=28384#

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