Belper, Derbyshire-based hardware and software computer supplier Vistec Group, at its six month stage, again attributes its continuing good health to tight control of operating costs and its focus on core business. Pre-tax profits were up by 29% at UKP1.3m, on turnover that rose by 31% to UKP18.7m. Nothing like the 1,195% jump in pre tax profits for this time last year on turnover then up only 2.6% to UKP14.2m, but praiseworthy nonetheless in this recession. Vistec Group completed the period with a respectable UKP4.1m cash in the bank, on UKP4.4m last time. It will pay an interim dividend of 0.125 pence per share, up 25% from last time. Vistec Group reported the consolidated results of all of its business concerns: Sphinx Level V Distribution Ltd, its Unix software distribution outlet; Vistec Computer Services, its end-user sales and services division; Vistec Financial Systems Ltd, a financial software developer; and Ceemore Ltd, a communications software specialist, bought in October 1991. It declined to reveal how much the last or its sister subsidiaries contributed to profits or turnover but says it is still seeking suitable acquisitions.
