StockMarketWire.com - Broadcasting software specialist Pebble Beach Systems booked a 36% rise in first-half profit as previously delayed customer orders began to clear.

Pre-tax profit for the six months through June increased to £1.0 million, up from £0.7 million year-on-year.

Revenue climbed 9% to £4.9 million and orders jumped 64% to £6.4 million.

Net cash from operating activities rose 32% to £1.8 million.

'The group has clearly delivered an excellent performance for the first half of 2021,' chairman John Varney said.

'These results and our continued investment in new software solutions coupled with our new remote operating model, has demonstrated that we are correct to have confidence in our ability to continue to grow this year and to take that momentum into 2022.'


Story provided by StockMarketWire.com