Flomerics Group
PLC - Gary Carter appointed as Chief Executive Officer |
09 September 2005
The Board of Flomerics Group PLC is pleased to announce that
Gary Carter, who joined the company in January 2005 as Chief
Operating Officer, has been appointed as Chief Executive Officer
with immediate effect. This is the culmination of the previously
announced intention to ensure a smooth transition of the management
of the Company.
David Tatchell the co-founder of the company and Chief Executive
since 1989 will move into the role of Chief Technology Officer
enabling the Company to continue to benefit from his invaluable
depth of knowledge of the Company's products and underlying
technology.
Flomerics Group recently announced Interim results for the
six months ended 30 June 2005. Turnover for the six months
ended 30 June 2005 was up 19% at £5.3 million (2004
: £4.4 million) (excluding contribution from the MicReD
acquisition, turnover up 13% at £5.0 million) and a
record profit (before tax and amortisation of goodwill) for
the half year of £380,000 (2004 : £65,000 loss).
For further information, please contact :
Flomerics
David Mann, Non-executive Chairman
Chris Ogle, Finance Director |
Tel: 020 8487 3000 |
Buchanan Communications
Nicola Cronk / Frances Adigwe |
Tel: 020 7466 5000 |
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