Accesso Technology sees full year "comfortably" in line with views

Queuing and ticketing technology company Accesso Technology expects its performance for the year ended 31 December to be “comfortably” in line with expectations.

The group attributed its strong performance to last summer’s agreement with Merlin Entertainments, despite significant investment in the business.

In July 2015, Accesso signed an exclusive long-term agreement with Merlin to provide ticketing and e-commerce services across the company’s global portfolio.

Accesso said on Thursday that it has kicked off the year strongly, with all business lines reporting good momentum.

The company said its ShoWare division has made early progress, with 16 new contract wins and extensions, the integration of TripAdvisor's Review Express platform service into its platform and a new licence from the Nevada Gaming Control Board to process its Live Entertainment Tax.

Meanwhile, Siriusware also saw a good start to the year, signing four new contracts including the West Mountain ski resort in New York State and indoor skydiving venue iFLY Brasilia.

Accesso said LoQueue will launch its mobile solution Qsmart for the first time in Asia this June at the Movie Animation Park Studios in Malaysia.

At 1047 GMT, Accesso shares were up 6.3% to 906.50p.