PROACTIS has released a positive H1 trading update. This indicates that trading in the first six months is in line with management expectations on the back of new customers wins and increased cross-selling, strong growth from the Perfect Commerce acquisition (c£13.5m of revenue and c£3.7m of EBITDA), and the realisation of £3.3m of the targeted £5m of cost synergies post acquisition. This is a reassuring statement given that there was some concern over assets (Hubwoo) within Perfect Commerce and ....
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H1 in line
- Published:
12 Feb 2018 -
Author:
N+1 Singer Team -
Pages:
3
PROACTIS has released a positive H1 trading update. This indicates that trading in the first six months is in line with management expectations on the back of new customers wins and increased cross-selling, strong growth from the Perfect Commerce acquisition (c£13.5m of revenue and c£3.7m of EBITDA), and the realisation of £3.3m of the targeted £5m of cost synergies post acquisition. This is a reassuring statement given that there was some concern over assets (Hubwoo) within Perfect Commerce and ....