Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. This morning the group has released a positive AGM update, pointing to the fact that the YTD performance has been ahead of the Board's expectations, driven by both revenue growth and margin expansion, with costs having remained under control. Importantly, YTD recurring revenue from long-term contracts is reported to be ahead by 12% against the comparative period.
23 Jun 2021
Touchstar (TST) - AGM update illustrates continued momentum
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Touchstar (TST) - AGM update illustrates continued momentum
Touchstar plc (TST:LON) | 87.5 0 0.0% | Mkt Cap: 7.18m
- Published:
23 Jun 2021 -
Author:
John Cummins -
Pages:
4
Touchstar is a supplier of mobile data computing solutions and managed services to a variety of industrial sectors. This morning the group has released a positive AGM update, pointing to the fact that the YTD performance has been ahead of the Board's expectations, driven by both revenue growth and margin expansion, with costs having remained under control. Importantly, YTD recurring revenue from long-term contracts is reported to be ahead by 12% against the comparative period.