Calyx profits rise by 10%

CALYX, the listed IT provider, has reported a 10% rise in profits for 2005.

The Dublin-based company, which floated on London’s Alternative Investment Market (AIM) last year, said pre-tax rose from €1.59 million to €1.74m.

At operating level, profits were €3.1m against €2.2m in 2004. The company took an exceptional charge of €576,255 to cover the cost of its stock market listing, the integration of acquisitions and the design of its own IT systems.