LONDON (ShareCast) - Anite (LSE: AIE.L - news) is leading the fallers after the wireless equipment tester saw profits down in the year
and warned 2009/10 will also be lower due to the rebasing of its travel business.
"We expect profits for 2009/10 as a whole to be lower than in 2008/09. This will be more marked in the first half as a result of the re-basing of our Travel business and an increased customer-led one-off investment in LTE (4G)," said the group.
Adjusted profit before tax rose to £18.1m from £16.7m last year but minus the adjustments, profits fell to £6.4m from £9.4m. Revenue fell to £90.1m (2008: £91.6m), at constant currency revenue was £82.6m.
The effect of currency movements during the year was to improve revenue by £7.5m and operating profit by £3.9m.
Ark Therapeutics (LSE: AKT.L - news) gained after it signed an agreement with private Finnish biotechnology company Oy Lx Therapies to produce Vascular Endothelial Growth Factor C in an Adenoviral Vector (Ad VEGF-C).
FTSE TechMARK - Fallers
Anite Group (AIE) 31.25p -11.35%
Oxford Biomedica (LSE: OXB.L - news) (OXB) 11.50p -6.12%
Emblaze (LSE: BLZ.L - news) (BLZ) 34.00p -4.23%
Psion (LSE: PON.L - news) (PON) 65.00p -4.06%
Filtronic (LSE: FTC.L - news) (FTC) 36.25p -3.97%
RM Group (RM (LSE: RM.L - news) .) 154.00p -3.45%
Skyepharma (LSE: SKP.L - news) (SKP) 118.00p -2.48%
Ricardo Group (RCDO) 205.00p -2.38%
Morse (LSE: MOR.L - news) (MOR) 14.50p -1.69%
Innovation Group (LSE: TIG.L - news) (TIG) 9.65p -1.43%
FTSE TechMARK - Risers
Antisoma (LSE: ASM.L - news) (ASM (Milan: ASM.MI - news) ) 26.00p +8.33%
AEA Technology (LSE: AAT.L - news) (AAT) 29.75p +7.21%
Alizyme (LSE: AZM.L - news) (AZM) 2.86p +5.54%
Intec Telecom (LSE: ITL.L - news) (ITL) 73.50p +4.63%
Ark Therapeutics (AKT) 46.00p +3.95%
Imagination Technologies (LSE: IMG.L - news) (IMG) 142.25p +3.83%
KCOM Group (LSE: KCOM.L - news) (KCOM) 26.50p +2.91%
Biocompatibles International (BII) 190.00p +2.84%
Trafficmaster (TFC) 29.50p +2.61%
E2V Technologies (LSE: E2V.L - news) (E2V) 66.75p +1.91%
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