The Board of Savile Group plc announced the appointment of Clare Chalmers to the Board of the company with immediate effect from 17 April 2013. She will be joining the Board in her capacity as Chief Executive Officer of IDDAS, a subsidiary of the company. Clare is aged 47 and was, between September 2004 and March 2007, Chief Operating Officer Investment Banking at Lehman Brothers in the UK following which she was Founding Partner of Rathmullan Associates.

Savile Group Plc announced unaudited consolidated earnings results for the six months ended December 31, 2012. For the period, the company reported revenue of £3,828,000 against £3,596,000 a year ago. Operating loss was £794,000 against operating profit of £69,000 a year ago. Loss before taxation on continuing activities were £790,000 against profit before taxation on continuing activities of £74,000 a year ago. Loss after taxation on continuing operations were £790,000 against profit after taxation on continuing operations of £124,000 a year ago. Loss and total comprehensive income for the period attributable to equity owners of the parent was £790,000 against £952,000 a year ago. Diluted loss per ordinary share (continuing operations) was 5.29 pence against 0.82 pence a year ago. Net cash used by operations were £408,000 against £442,000 a year ago. Purchase of property, plant and equipment was £44,000 against £3,000 a year ago. The company expects an improved performance in the second half of the year to June 30, 2013 compared to the first half.

Savile Group Plc provided earnings guidance for the six months ended December 31, 2012. The company expects to report a significant loss for the six months ended 31 December 2012.