Delcam’s mixed news

DLC

Published date:
Thursday, February 14, 2008

Although Delcam (DLC:AIM) issued a profit warning last November, the computer aided design/computer aided manufacture (CAD/CAM) software expert made monthly record sales in December for the fourth year running.

Helped by last January's acquisition of Crispin for £500,000, Delcam's sales rose 32% to £3.75 million in the final month of 2007.

The news helped the shares hold firm at 307p, well above December's 226p low but way below their year high of 440p.

Shares says: Further economic slowdown could unravel the recent share price rally. RM

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