DCS Group Plc continues to make steady progress. The Leamington Spa-based automotive dealer computer systems company saw pre-tax profits rise 156% to ú105,000 from turnover up 54% to ú4.0m. The board has not recommended an interim dividend, but does plan one at year-end. Most of the improvement comes from the Motis Ltd and DMS division of GSI (UK) Ltd subsidiaries that were acquired last April. The group’s Global Dealer Management System continues to generate to generate interest worldwide, and 22 contracts have been signed so far. In Europe, Rover, Toyota, Fiat and Nissan are among those evaluating the system. The first beta tests have been completed and 10 pilot schemes are currently in progress. The group does not expect the system to ready until the next financial year. DCS’s automotive importer system has recently been sold to Jaguar importers in France and Thailand and to Inchcape Motors International throughout the world. The board believes that DCS Group is well positioned for both organic growth and acquisitions. The company’s cash balances now stand at ú286,000.
