Gresham reports that positive trading has continued in H1 with group revenues up 19% organic to £23.1m. Clareti ARR grew an impressive 17% organic to £25.9 and continues to be the engine of growth. There was also strong trading from non-Clareti revenues which has the potential to continue in H2 depending on some material Contracting revenues renewals. As such Gresham expects FY22 results to be at least in line with expectations. We make no changes to forecasts at this time, though further positi ....
05 Jul 2022
Strong H1 underpins high teens FY22 organic growth
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Strong H1 underpins high teens FY22 organic growth
Gresham Technologies plc (GHT:LON) | 129 0 0.0% | Mkt Cap: 108.2m
- Published:
05 Jul 2022 -
Author:
Kevin Ashton -
Pages:
3
Gresham reports that positive trading has continued in H1 with group revenues up 19% organic to £23.1m. Clareti ARR grew an impressive 17% organic to £25.9 and continues to be the engine of growth. There was also strong trading from non-Clareti revenues which has the potential to continue in H2 depending on some material Contracting revenues renewals. As such Gresham expects FY22 results to be at least in line with expectations. We make no changes to forecasts at this time, though further positi ....