Gresham has announced a significant new Clareti contract win with a global tier 1 bank that is an existing customer. The contract, which is one of the two high value deals that slipped from FY 2018, is worth in excess of CHF 3.0m (£2.3m) over its five year term and is expected to contribute CHF 1.1m (£0.8m) to 2019 revenues. We are highly encouraged by this news, in particular the fact that the contract has been secured early enough that its contribution to FY 2019 revenues will be broadly as ex ....
01 Feb 2019
First of two slipped deals now closed
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First of two slipped deals now closed
Gresham Technologies plc (GHT:LON) | 163 0 0.0% | Mkt Cap: 136.7m
- Published:
01 Feb 2019 -
Author:
N+1 Singer Team -
Pages:
3
Gresham has announced a significant new Clareti contract win with a global tier 1 bank that is an existing customer. The contract, which is one of the two high value deals that slipped from FY 2018, is worth in excess of CHF 3.0m (£2.3m) over its five year term and is expected to contribute CHF 1.1m (£0.8m) to 2019 revenues. We are highly encouraged by this news, in particular the fact that the contract has been secured early enough that its contribution to FY 2019 revenues will be broadly as ex ....