We are most encouraged that in recent months ECSC has secured three new long-term Managed Services contracts, which will contribute at least £0.9m to the order book. The news that 2018 trading to date is in line with our forecasts at the time of the final results in March is also positive, following the board changes in April. Consequently, we have reinstated our 2018 forecasts (which show ECSC will be EBITDA positive in Q4 and net cash will be c.£1m at yearend) and will resume fu
14 Jun 2018
AGM statement has upbeat news
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AGM statement has upbeat news
- Published:
14 Jun 2018 -
Author:
Robert Sanders -
Pages:
2
We are most encouraged that in recent months ECSC has secured three new long-term Managed Services contracts, which will contribute at least £0.9m to the order book. The news that 2018 trading to date is in line with our forecasts at the time of the final results in March is also positive, following the board changes in April. Consequently, we have reinstated our 2018 forecasts (which show ECSC will be EBITDA positive in Q4 and net cash will be c.£1m at yearend) and will resume fu