StockMarketWire.com - Blancco Technology Group expects full year revenues to be towards the lower end of guidance range while adjusted operating profit and cashflow remain in line.

Blancco said significant management time and effort during the six months to the end of December was focused on the immediate priorities required to place the group on the best operational and financial footing following the resignation of the chief executive and the review of the accounting for contracts and financial controls.

Blancco said revenue in the first half of the current financial year was marginally behind last time but it expected trading to grow during the second half leading to positive full year revenue growth.

It said the impact of currency had been slightly adverse following the strengthening of sterling.




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