Eckoh delivered interims in-line with expectations. UK growth was 11% whilst the US, reflecting a full period for PSS now accounts for 30% of sales. US Secure Payments wins gathered pace, with much larger contracts being won on SaaS-style pricing models and the pipeline at record levels. With contracts won in the first half feeding through strongly into the second half and given the group’s high level of recurring revenues (76%), the outlook remains positive for the rest of the year and we make ....
29 Nov 2016
N+1 Singer - Eckoh - In line interims, US secure payments gathers pace
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N+1 Singer - Eckoh - In line interims, US secure payments gathers pace
Eckoh plc (ECK:LON) | 36.5 -0.2 (-1.4%) | Mkt Cap: 106.0m
- Published:
29 Nov 2016 -
Author:
Tintin Stormont -
Pages:
9
Eckoh delivered interims in-line with expectations. UK growth was 11% whilst the US, reflecting a full period for PSS now accounts for 30% of sales. US Secure Payments wins gathered pace, with much larger contracts being won on SaaS-style pricing models and the pipeline at record levels. With contracts won in the first half feeding through strongly into the second half and given the group’s high level of recurring revenues (76%), the outlook remains positive for the rest of the year and we make ....