RM revealed that the interim results were in line with its revised expectations and that it expects the company to return to profit in the coming period. The company also stated that it is attempting to cut costs.
RM slides into the red
RM plc, the UK based supplier of IT software, services and systems has announced a pre tax loss of £4.7 million for the first half of this year. The company made a profit of £2.1 million in the same period last year. Turnover also fell from £113.7 million to £89.1 million.
