QTG 0.00% 0.4¢ q technology group limited

*Expecting higher PBT for second half*Market buoyancy has...

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    *Expecting higher PBT for second half
    *Market buoyancy has returned
    *major project work getting traction
    *"business has increased since coming back from the main break"

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    “We had a pleasing half year result at the end of Dec of 13.1 per cent sales revenue growth and a net profit before tax of $A534k,” says Rosa.

    “We are growing and we aim to make QSS a profitable entity especially after the rough ride the old business had. There is a new confidence in the business and all the staff can see that we mean business and we are on the right track and our aim is to increase the profitability for our shareholders of QTG.

    “Our aim for the next half is similar numbers but a larger NPBT component to ensure that we continue to build on profitability for shareholders and also to re-invest in the QSS business for future expansion and growth.”

    And how are your plans progressing on the major projects front – it’s early days but is there interest in the market for this side of the business?

    “Absolutely,” says Rosa. “We have already been asked to take part in the design, configuration and pricing of 4 major sites and we are working diligently to undertake this. Early days for sure but we also have Jake Lennon in QLD who has now been promoted into Major Projects for QLD, FNQ and NT. We have just employed another BDM candidate in NSW for the project space who already has runs on the board with providing DVTEL and AD style solutions.

    Finally, how does the market feel to you early-2014? Is there a lift in QSS business overall?

    “From QSS’s perspective we are going great guns,” says Rosa. “Our sales staff are quoting at a very aggressive rate. We feel the buoyancy in the market has returned and we feel excited and positive about 2014. The signs are there and even in the slower states, we are creating momentum by offering training courses on IP and other products so we have noticed that business has increased since coming back from the main break.”

    “There is a new confidence in the business and all the staff can see that we mean business and we are on the right track and our aim is to increase the profitability for our shareholders of QTG”

    http://www.securityelectronicsandnetworks.com/articles/2014/05/09/qss-joins-american-revolution
 
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