LONDON (ShareCast) - Inland swung into a full-year profit and said the next 12 months will represent a period of considerable growth for the brown field site development group.
Pre-tax profit came to £1.12m for the year ended 30 June compared to a loss of £0.68m last time on turnover of £5.47m.
“In response to changes in sentiment in the housebuilding industry, recent announcements by some of the major housebuilders have indicated a greater preference towards acquiring sites that already have planning consent and accordingly are less speculative,” said the group.
“The directors consider that Inland is well placed to capitalise on such a shift in sentiment further endorsing the company's existing product offering,” it added.
Israeli tech firm Emblaze said its Emblaze Mobile unit has won a deal with Sharp and Access for the development of its next generation mobile device.
“This landmark agreement with Sharp and Access represents a significant progress in joining forces with some of the strongest mobile players in the world,” said chief executive Guy Bernstein.
The device will be first unveiled during 2008.
Customer monitoring software firm GB Group announced that Ladbrokes and William Hill have become clients of its electronic verification solutions URU and ID3-Check.
The group said it now provides electronic verification solutions to all of the top ten online gaming businesses globally.
Nexus Management rallied on news that full-year trading is expected to exceed expectations.
The IT management service provider also names Hybridan as its new broker.
Mobile phone services supplier 2ergo has secured a contract to become a mobile technology partner for Blyk, the recently launched pan-European free mobile operator for young people, funded by mobile advertising revenues.
No financial details of the deal have been disclosed.
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