CDL reports falling profits and turnover for 2019


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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