EU Supply exceeds 2015 revenues, wins new contracts

E-procurement software provider EU Supply announced on Friday that revenues from its Business Alert service in the year to date now exceed the total reported in the year to 31 December 2015.

The AIM-traded company said that it has also been awarded contracts for integrations of its CTM platform from existing customers in the Nordic region.

It said the largest of these contracts is worth around £70k, with most revenues expected to be recognised in the current year.

“The company has also received an intention to award for a smaller contract by the Norwegian Directorate for Children, Youth and Family Affairs as well as a new smaller order in Denmark increasing the company's foothold in Norway and Denmark respectively,” EU Supply said in a statement.