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13 Jan 2009
Accountancy IT provider Tikit has bucked the trend of falling sales and bettered its figures from 2007 in the second half of last year.
The company said that trading ‘has been satisfactory’ and full year results ‘will be ahead of the prior year and broadly in line with market expectations’.
It finished the year with a positive cash balance despite a £6m cash outflow for acquisitions.
Tikit said that it expected the tough market conditions to continue in 2009 but believes it can continue to grow profits and share earnings.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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