Vebnet Boosted by Rise in Turnover to Pounds-1.1m

The HeraldFebruary 19, 2005

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Summary


SHARES in Vebnet yesterday climbed almost 3-per cent after the Alternative Investment Marketlisted employee benefits software specialist unveiled a dramatically narrower pre-tax loss and a hefty increase in turnover.

The Edinburgh-based group reported a pre-tax loss of pounds- 258,000 for the six months to the end of December, compared with pounds-610,000 for the same period a year earlier.

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Extract


Vebnet Boosted by Rise in Turnover to Pounds-1.1m

Turnover surged to pounds-1.1m during the six-month period, against pounds-380,000 last time.

The company's positive ou...

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