StockMarketWire.com - Sofware supplier for the life sciences, engineering and entertainment sectors Oxford Metrics booked a lower first-half profit owing to one-off expenses offsetting rising sales.

Pre-tax profit for the six months through through March fell 1.5% to £1.2m, even as revenue rose 13% to £16.1m.

Adjusted profit rose 16% to £1.7m and excluded the impact of share-based payments to executives, amortisation of intangibles arising on acquisitions and other exceptional costs.

'We have made a positive start to the year, delivering record revenue and double-digit revenue and earnings growth,' chief executive Nick Bolton said.

'As we move into the second half, our pipeline of sales for both Yotta and Vicon is strong, underpinning our confidence in delivering in-line with market expectations for the full year.'

At 9:19am: [LON:OMG] Oxford Metrics Plc share price was -6.5p at 91p



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