Adacel Technologies reported a profit for the half year ending December 31, 2007, of $0.7 million, in line with projections given at the company's annual meeting. Revenue was down marginally, from $17.5 million to $17.3 million, while earnings before interest, tax, depreciation and amortisation were also down, from $3.4 million to $1 million. Recent contract wins pointed to strong growth potential, the company said. Highlights include a $55 million contract with the US Federal Aviation Administration. Joshua Gliddon
