Iress Limited
(ASX:IRE) booked a 7.4 per cent drop in its first half underlying profit which it attributes to cost cutting by clients.
The financial services systems supplier reported underlying profit of $27.8 million and says it remains focused on acquisitions.
Iress says it expects difficult global trading conditions to persist through to the end of the year and says it will invest in Asia and Britain which the company sees as growth markets.
