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Last minute new business dash
Access control systems supplier Intercede (IGP:AIM) has sealed a trio of new contracts just days before its 31 March 2017 year end.
Worth around £0.4m, the news helps offset the warning on 3 March that about £2m worth of business, about 20% of the full year’s forecast £10m revenue, would be late. Cash of £6.9m is also better than the £6m anticipated.