The Small Company Sharewatch
Issue
June 2006
Updates
Computer Software Group
CSW has reported results for the year to 28 February ahead of expectations. Sales were up 79% to £25.2m helped by two acquisitions (the underlying organic sales growth was 6%). Pretax profit grew to £5.3m with eps of 7.8p, on a 15% tax charge due to past tax losses. Gross margin was up from 80% to 85% due to a higher proportion of ow... ...