Annual Report 2008
“It is encouraging that in an exceptionally difficult year, we have been able to maintain profitability at a trading level, with our two core businesses making profitable contributions. In the current financial year, we are pleased that we have significantly strengthened the position of our university IP commercialisation business.
While the trading environment remains tough, Sigma has a strong balance sheet, substantial cash resources and significant recurring revenues. In addition, the Group’s cost base has been tightened and Sigma’s unquoted portfolio is held at a well written down value.
With these foundations in place and clear objectives for our three businesses, as we emerge into more stable trading conditions, we are well placed to take advantage of market opportunities.”
David Sigsworth
Chairman