Interim Results - 30 Sep 2010
Interim Results to 30 June 10 - 21 Sep 2010
For the six months ended 30 June 2010
VELOSI, the AIM quoted provider of Testing, Inspection and Certification services to major
national and multinational oil and gas companies, is pleased to announce its interim results for the
six months ended 30 June 2010.
Highlights
ā?¢ Turnover increased by 6.0% to US$94.5 million (2009: US$ 89.2 million)
o 38% and 24% growth in Australasian and European revenues respectively
o Middle East maintained position as the Groupā??s largest market
o Africa on track with planned recovery
ā?¢ Profit before tax reduced slightly to US$7.4 million (2009: US$7.9 million) reflecting
increased investment in new offices and personnel and changes in business mix
ā?¢ Acquired the VELOSI trading name in Malaysia
ā?¢ The Groupā??s overall financial position is strong with a net cash position of US$ 18.4
million as at 30 June 2010
ā?¢ Visibility on future revenues remains good and we are positioned to continue to gain
market share.
Full text attached
Interim Results June 2009 - 22 Sep 2009
Velosi Limited
For the six months ended 30 June 2009.
Velosi, the AIM listed provider of asset integrity, quality assurance, quality control, engineering
and HSE services to major national and multinational oil and gas companies, is pleased to
announce its interim results for the six months ended 30 June 2009.
Full text attached.
Preliminary unaudited results - 21 Apr 2009
Velosi Limited (Velosi or the Group), a provider of asset integrity and health, safety, and
environment (HSE) services to a number of major national and multinational oil and gas
companies, is pleased to announce its preliminary unaudited results for the year ended 31
December 2008.
Trading Statement - 10 Feb 2009
Velosi Limited (Velosi or the Group), the AIM listed provider of asset integrity and HSE
services to a number of major national and multinational oil and gas companies, is pleased to
announce that trading was in line with market expectations for the 12 months ended 31
December 2008.
Annual Report 2007 - 19 May 2008
Velosi Limited - Annual Report 2007
19 May 2008
Velosi Limited - Velosi- or - the Group-
Final Results For the year ended 31 December 2007
Interim Results Sep 2007 - 12 Feb 2008
Velosi, a provider of asset integrity and HSE services to a number of major
national and multinational oil and gas companies, is pleased to announce its
interim results for the six months ended 30 June 2007.
16 April 2007 Final Results - 17 Aug 2007
Velosi Limited - Final Results
16 April 2007
Velosi Limited "Velosi" or "the Group"
Preliminary Results
For the year ended 31 December 2006
28 Sep 2006 Interim Results - 17 Aug 2007
Velosi Limited - Interim Results
28 September 2006
Velosi Limited "Velosi" or "the Company"
Unaudited Interim Results for the six months ended 30 June 2006