DRS Data & Research Services plc

Company summary

DRS Data and Research Services plc, is an AIM listed company, which specialises in data capture services and the manufacture, sale and support of optical and image scanning equipment used in the education, census and election markets.

24 December 2012 | Education

Company news

DRS Data & Research Services to be Marginally Ahead of Market Expectations

DRS Nigerian contract doubles in size leading to better than expected results

​Earlier this year the Group won an order for supply of PhotoScribe® scanning machines to the National Examinations Council in Nigeria.  This order was originally anticipated to be delivered during the first quarter of 2013.

The Group report they are pleased to announce the size of this order has now been doubled from its original specification and also that half of the scanning machines will be delivered this month with the balance remaining for delivery during the first quarter of 2013.

 As a direct consequence of this, the Board now anticipates that the Group's profit for the current year is likely to be marginally ahead of market expectations.

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Our expertise

Deal origination - acquisitions - We help quoted companies and private equity houses source acquisitions in the UK and overseas.

Deal origination - disposals - We help owners of companies wishing to dispose of their business.

IPO advice - We provide strategic, financial and valuation advice to companies considering an IPO.

Valuation - We undertake valuations for ESOP transactions, employee share schemes and for a wide range of fiscal, legal and commercial purposes.

Our sectors

Our corporate finance skills can be employed in a wide range of sectors. We have a particular strength in animal health, education, outsourcing, IT, data analytics and financial publishing.

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