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7.DEC.06 / Announcement

Preliminary results for the year ended 30 September 2006

 

OMG (Oxford Metrics Group. LSE: OMG) the leading supplier of image understanding systems to the entertainment, defence, life science and engineering industries, announced today its preliminary results for the year ended 30 September 2006.

 

Highlights

 

  • Turnover up by 14.5% to £16.3m (2005: £14.2m)
  • Operating profit (after goodwill amortisation and exceptional items) up by 157% to £1,522,000 (2005: £593,000)
  • Profit after tax up by 112% to £1,560,000 (2005: £736,000)
  • Earnings per share up by 106% to 2.62p (2005: 1.27p)
  • Strong cash generation with cash balances up by £2.1m from £4.4m to £6.5m
  • Maiden final dividend proposed of 0.1p per share
  • Continued global expansion - with customers now in over 50 countries
  • Technological leadership maintained with successful launch of innovative new products, such as Vicon Nexus and 2d3 boujou 4
  • OMG Group restructured into three market-focused business units, with all motion capture business now integrated into Vicon
  • Encouraging progress with 2d3 diversification into defence and new Geospatial Vision 3D mapping business

Nick Bolton, Chief Executive, commented:

"This has been a record year – in revenue and profits. In our existing markets, we've continued to strengthen our position. At the same time, we've not only established that exciting opportunities exist in new and potentially much bigger markets, we've made measurable progress towards capitalising on them."

 

For further information please contact:

OMG plc 01865 261800

Nick Bolton, Chief Executive

Peter Wharton, Finance Director

Financial Dynamics 020 7831 3113

Juliet Clarke / Hannah Sloane


 

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ANNUAL RESULTS 2007 - 30.SEP.07

OMG COMPANIES

Vicon
The first name in motion capture technologies for Vicon, House of Moves and Peak Performance.
2d3 Ltd.
3D geometry for visual communication businesses.

Yotta DCL
Providing highway authorities with complete visual records of their networks.
 

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