Maxima (AIM: MXM.L), the IT solutions and managed services company, is pleased to announce the acquisition of Cognition Solutions Limited ("Cognition") for a total consideration of £7.4m. Cognition supplies ERP (Enterprise Resource Planning) software solutions and services to the construction and facilities management sector, and will fit well with Maxima's existing solutions business. The acquisition is in line with Maxima's consolidation strategy within the fragmented IT services market. The Board anticipates that it will be earnings enhancing in the current financial year ending 31 May 2007.
Maxima Holdings plc (AIM: MXM), the AIM listed provider of IT solutions and managed services, has today granted performance related Options in accordance with the Rules of the Unapproved Share Option Scheme over 160,000 Ordinary Shares of 1p each ('Ordinary Shares') to Linda Andrews, Group Finance Director.
The Company has been informed that on 30 August 2006 Linda Andrews, the Company's Finance Director, acquired the beneficial ownership of 774 shares in the Company at a price of #1.59 per share. Linda Andrews now holds 599,069 ordinary shares representing approximately 3.7% of the issued share capital of the Company.
Maxima Holdings plc , the acquisitive IT services company delivering enterprise solutions and managed services, today announces that it has won a contract worth up to £4m over a two year period to supply Oracle e-Business
Maxima Holdings plc, the acquisitive IT services company delivering enterprise solutions and managed services, today announces that it has won a contract worth up to £4m over a two year period to supply Oracle e-Business suite expertise to a major UK transport infrastructure business.
Maxima Holdings plc, (“Maxima” or the “Company”), the acquisitive AIM-listed IT software & services consolidator, is pleased to announce its interim results for the six months ended 30 November 2005.
Financial Highlights:
Revenue up 31% to £8.1million (H1 2004: £6.2million*)
Gross profit up 33% to £6.1million (H1 2004: £4.6million*)
Operating profit up 55% to £1.2million** (H1 2004 £0.8million*)
Adjusted, fully diluted earnings per share up 51% to 7.12p** (H1 2004: 4.7p*)
Dividend of 1.5p per share (H1 2004: nil) - in line with progressive dividend policy
* all figures stated on a pro forma basis ** pre-amortisation of goodwill and exceptional charges
Maxima Holdings plc, the acquisitive AIM-listed provider of software and IT solutions to the mid-market, announces an update on trading for the first half year to 30 November 2005.
Maxima expects revenues and operating profit from continuing operations to be ahead of the comparable period in the previous year. The Azur for SAP division has won seven new clients, most notably a major SAP Business One development and implementation project for Otto Bock Healthcare Ltd, a leading manufacturer of prosthetics and orthotics. Azur Business Solutions and Minerva Industrial Systems continue to focus on servicing their substantial existing client bases.
Maxima's MAXcel suite of specialist integrated business apps selected as one of the market's leading Microsoft Dynamics AX add-ons by visitors to DynamicsWorld portal
Maxima Holdings plc, the AIM listed provider of software and IT solutions, today announces its preliminary results for the period from flotation to 31 May 2005, and the pro forma results for the 12 months to 31 May 2005.
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