As noted in the trading update, H1 was in line with expectations. It highlighted that this year will be particularly H2-weighted, with £8.8m sales in H1 delivering a small Adj. PBT. The expectation of a record H2 is underpinned by substantial annual contract renewals from licences signed in H2 LY; strong visibility on new contracts due to initiate in H2; and a significant pipeline of new business in negotiation with existing clients who continue to derive substantial benefits from D4t4&
25 Nov 2019
D4T4 Solutions - H1 as expected but with growing SaaS prospects
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D4T4 Solutions - H1 as expected but with growing SaaS prospects
Celebrus Technologies PLC (CLBS:LON) | 232 0 0.0% | Mkt Cap: 91.7m
- Published:
25 Nov 2019 -
Author:
Cavendish Research -
Pages:
13
As noted in the trading update, H1 was in line with expectations. It highlighted that this year will be particularly H2-weighted, with £8.8m sales in H1 delivering a small Adj. PBT. The expectation of a record H2 is underpinned by substantial annual contract renewals from licences signed in H2 LY; strong visibility on new contracts due to initiate in H2; and a significant pipeline of new business in negotiation with existing clients who continue to derive substantial benefits from D4t4&