Cerillion sees jump in half-year profit and revenue
Cerillion said on Monday that the first half of the year has progressed well and results are anticipated to be in line with management's expectations for a 9% jump in revenue and a 36% rise in core earnings compared to the same period a year ago.
Cerillion
1,725.00p
16:50 04/10/24
FTSE AIM All-Share
738.36
16:54 04/10/24
In a trading update for the first six months to the end of March, the AIM-listed billing, charging and customer relationship management software solutions provider said it expects revenue of around £7.5m and earnings before interest, taxes, depreciation and amortisation of around £1.5m.
Chief executive officer Louis Hall said: "We are pleased with the progress Cerillion has made in the first half, which has included some important new contract wins, and look forward to providing an update on trading when we present our interim results in June."
At 1000 BST, the shares were up 2.1% to 136.3p.