SimiGon (LSE: SIM) – positive update from the provider of simulation training solutions
The provider of simulation training solutions has issued a positive update on trading and business performance for the year ended 31 December 2014. We haven’t received much news for a while so this is reassuring.
The small AIM quoted Group (Mkt cap c£10m) expects to report a significant increase in profits compared to the prior financial year – pre-tax profit £0.54m, eps 1.21p (£Sterling converted).
The announcement confirmed that during the period the Company continued to meet project milestones for long term contracts on time and on budget, executing delivery and performance of its systems including delivering on project milestones on the US$6.7m contract awarded in June 2013.
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