Blue Prism grows bookings in H1

Blue Prism Group

1,274.00p

16:44 16/03/22

0.00%

0.00p

Software company Blue Prism said on Monday that during the six months ended 30 April, bookings were up 35% year-on-year at £98.0m.

However, Blue Prism expects full-year revenue will likely be towards the lower end of its £170.0m-180.0m guidance range as it anticipates negative impacts to its original guidance stemming from foreign exchange headwinds.

The AIM-listed group also continues to expect an underlying loss for the year of around £25.0m.

Chief executive Jason Kingdon said: "We are still maturing the core business and remain disciplined on spend. We are reviewing our go-to-market model and the product and service formats we offer to better align with the transformation agenda within our clients for digitisation and automation.

"Whilst acknowledging that Blue Prism development continues, the opportunities and commitments from our global customer base remain robust."

As of 0950 BST, Blue Prism shares were down 4.65% at 1,026.96p.