Radstone Technology raised profit before tax in the six months to September 30th, 2003, by 74 per cent to £1.18 million sterling from £675,000.
The group said it is confident of a strong second half. Gross profit margin increased strongly to 41.6 per cent from 35.6 per cent, reflecting the effect of sales of higher margin rugged products into major programmes.
Managing director Mr Jeff Perrin said the Embedded Computing business, the major part of the group, has been strengthened further by the acquisition of Interative Circuits and Systems ("ICS") and a positive start has been made in the process of integration.
The amount of the order book scheduled for delivery in the second half of this year is £18.5 million, compared to an equivalent figure of £19.54 million 12 months ago.
Last year the total of orders that were both booked and shipped within the second half of the year was £10.5 million.
Management remain committed to improving results from this business, while maintaining its leadership position in its market niche, the company said.