Half Yearly Report 2011
"I am pleased to report that Sigma has delivered a materially enhanced performance for the first six months to 30 June 2011 compared to the same period last year. Results show that the Group is trading profitably, delivering £0.6m of trading profit in the period against the trading loss of £.04m in the comparable period last year.
Sigma is now in better shape than in recent years. The opportunities in our Property Division have been revitalised and we will be working hard to drive them forwards. Our Venture Capital Fund Management team is focused on the realisation phase of our four historic venture funds and is positioned to generate strong cash flows over the next few years.
We have strong cash balances and have much greater visibility on our opportunities than ever before. We see 2011 as a year of consolidation and enabling us to build a strong platfrom for an exciting 2012. We cannot however ignore the return of great uncertainty in the markets generally and the inertia that brings and so continue to take a cautious view of costs and delivery"
David Sigsworth
Chairman
