Scala to report operating profit for fourth quarter 2000; As company emerges from successful restructuring, over USD 4 million in new business won from strategic clients.

Publication: M2 Presswire

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COPYRIGHT 2001 Ingram Investment Ltd.

M2 PRESSWIRE-31 January 2001-SCALA BUSINESS SOLUTIONS: Scala to report operating profit for fourth quarter 2000; As company emerges from successful restructuring, over USD 4 million in new business won from strategic clients (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:30012001

Scala Business Solutions, a leading global provider of e-business management solutions (eBMS), said today that it expects to announce revenues of approximately USD 17 million for the fourth quarter 2000, and approximately USD 71 million for the full year 2000 - in line with management's expectations - when audited financial results are published on 5 March 2001.

The company expects to report that it produced an operating profit (EBITA) in the fourth quarter, and generated a positive operating cash flow in the fourth quarter of approximately USD 2.6 million, above management's expectations. The company said it had a closing cash balance at...

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