LONDON, March 23 /PRNewswire/ --
- Significant EBITDA Growth Underlines Strong Trading Performance
Publishing Technology plc (PTO.L), the leading provider of information technology tools and services to international book and academic publishers, is pleased to announce its audited results for the year ended 31 December 2008.
The company's software is used across the publishing industry for an array of functions, such as royalties' management (including for authors such as JK Rowling) and last year it launched Inspire, the first ever 'itunes' type software for internet book downloads.
Highlights
- Group EBITDA of GBP0.9m
- Positive trading cash flow from business units
- High recurring contract renewals and customer increase