Anite beats tech slowdown

A tech company making money, whatever next?

By Aled Herbert, 5 July 2001 08:00

NEWS IT consultancy and services group Anite has reported a profit for the full year, bucking the market trend and beating analysts' expectations. For the 12 months ending 30 April, Anite reported revenue of £192m, compared to £159m the previous year. Profits before amortisation of goodwill rose to £20.7m, an increase from £13.7m in 2000. Anite CEO John Hwakins attributed the performance to a 82 per cent increase in sales of 3G testing products to the telecoms sector.

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