Intec's revenue up 18%

Intec posted an 18% increase in revenue to 57.6 million pounds ($105.1 million) in the six months ended March 31, from 48.7 million pounds ($88.8 million) in the same period last fiscal year.

According to the company, this growth came as a result of solid trading across all aspects of the business, as well as good cash generation. Increased momentum, in both new business wins and sales to its existing customer base, particularly with multi-product deals, also boosted revenue for the period.

The company secured key new customer wins in the US, UK, Western Europe, Russia, Africa, Asia and Latin America in the first half of FY06.