CDL reports falling profits and turnover for 2019
Commercial director Nigel Phillips says performance was impacted by the "challenging economic and political climate".
CDL has reported falls in profits and turnover for the year ended 30 September 2019.
A filing on Companies House showed that turnover for the software house had decreased to £52.9m in 2019, down from £55.7m in the preceding year.
Operating profit also fell to £5.4m (2018: £8.5m) and its gross profit dropped to £45.5m from £47.4m in 2018.
Meanwhile administrative expenses grew slightly to £40.1m in 2019 (2018: £39.5m).
Overall, profit for the year and total comprehensive income was £4.7m in
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