A strong billings performance means Appreciate remains on track to meet its FY22 expectations, with Corporate business setting a record quarter. That it managed to perform in line with 3Q21, which benefitted from lockdowns, is impressive, and we believe our forecast of £381m billings for FY22 now looks a bit light. Momentum is said to have continued into Q4, and the first phase of the new ERP implementation has been successfully carried out. A positive outcome all round.
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Appreciate Group - Q3 Results Update
- Published:
19 Jan 2022 -
Author:
Oliver Juggins -
Pages:
4
A strong billings performance means Appreciate remains on track to meet its FY22 expectations, with Corporate business setting a record quarter. That it managed to perform in line with 3Q21, which benefitted from lockdowns, is impressive, and we believe our forecast of £381m billings for FY22 now looks a bit light. Momentum is said to have continued into Q4, and the first phase of the new ERP implementation has been successfully carried out. A positive outcome all round.