The market softened towards the end of 2011 but AIM-listed recruitment software provider Dillistone Group expects pre tax profits to be in line with market expectations. Last year it delivered a 9% lift in pre tax profits. Larger than average order wins have enabled it to start 2012 with record recurring revenues.
It is well set up for 2012. The purchase of Voyager Software last September (see Dillistone undertakes a bold voyage for growth) has “made a positive contribution” to the year (ending December 31 2011) and will add to recurring revenues during 2012. Dillistone did not say that an order win with a FTSE 100 firm came about because of its increased mass but we feel it must have helped. Hopefully 2012 will bring more.