eg’s interim results were impacted by the timing of a number of deals, as described in the June update. Revenue for H1 was £1.1m lower than the prior year, and the group slipped to a £0.9m EBITDA loss. We make modest downgrades to forecasts to reflect the recent challenges, but the refreshed Board is taking steps to address operational weaknesses. The period saw a number of new contract wins, and with the order book standing at over £16m, revenue visibility remains hig
21 Sep 2016
New business wins, pipeline remains strong
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New business wins, pipeline remains strong
eg’s interim results were impacted by the timing of a number of deals, as described in the June update. Revenue for H1 was £1.1m lower than the prior year, and the group slipped to a £0.9m EBITDA loss. We make modest downgrades to forecasts to reflect the recent challenges, but the refreshed Board is taking steps to address operational weaknesses. The period saw a number of new contract wins, and with the order book standing at over £16m, revenue visibility remains hig