News & Comment
Video communications specialist ScoGroup is to work with Thrales Avionics to develop new air-to-ground communications equipment.
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Video telecommunications specialist SCOTTY Group has turned last year’s £379,000 interim loss into a maiden £304,000 first-half pre-tax profit.
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Video telecommunications player Scotty Group sounds enthusiastic about order prospects after reducing its annual loss by 28 per cent to £3.9 million.
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After a disappointing 12 months on AIM, video communications outfit Scotty Group can join in the festive cheer after signing a four-year agreement with airborne sensor specialist, Diamond Airborne Sensing.
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Video telecoms recovery hopeful SCOTTY Group has won its first order in the Netherlands, worth an initial €500,000 (£385,000), for its 'telehealth' range of equipment, from a Dutch government-backed medical consortium, writes Robert Tyerman.
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Total returns at Prudential subsidiary M & G's £1.26 billion Recovery Fund, including reinvested income, rose 2.2 per cent in the year to 25 June, against a 9.5 per cent fall in the Financial Times All Share index, though the fund's net assets slid three per cent to £1.26 billion, writes Robert Tyerman.
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Recommendations
SCOTTY Group
SPECULATIVE BUY 13/12/2007
Though loss-making last year, video telecommunications minnow SCOTTY claims to have moved into profit and reports record order and enquiry levels.
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Bombed-out defence-oriented video telecommunications specialist SCOTTY Group expects to be 'usefully in the black' in the year to next July on the back of sub-contractor contracts with the German military and other deals.
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SCOTTY, the designer of video telecommunications equipment and technology for the government aviation and military markets, has announced the biggest contract in its history.
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