NEWS The results, due out on Thursday, are expected to miss estimates, suggesting the firm will struggle to meet challenging second-half targets, especially within the company's banking and securities division. Analysts are expecting a half-year pre-tax profit in the period ended 30 November 2000 of around £55m for the LSE-listed firm, with sales in excess of £400m. Shares in the Worcestershire-based company currently stand at £6.41, considerably below a 52-week high of £13.76 last February.
Misys shares hit before half-year results
Shares in business software firm Misys dipped as low as £6.32 today, ahead of half-year results due for release later this week, due to analyst fears US IT spending is set to weaken.
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