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Contract wins with HM Land Registry

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  • 14 Aug 2020

Contract wins with HM Land Registry


Panoply Holdings Plc (TPX:LON) | 185 0 0.0% | Mkt Cap: 128.1m


  • Progressive Equity Research
    • Blaine Tatum

    • 3 pages

IT services image



 
IT services image



Digital transformation services provider The Panoply has announced contract wins with HM Land Registry with an aggregate £4.8m value. The group’s FutureGov subsidiary has been selected to be the client’s usercentred design research and capability partner within its digital and data transformation programme. NotBinary will become the client’s partner specialising in Product Management. Following on from confirmation in the recent trading update that £13m of new business was secured in Q1 21E, the group seems firmly on track to reach our (upgraded) FY 21E estimates. We leave forecasts unchanged following this positive news and continue to believe that the group is strongly placed to capture growth opportunities in digital transformation – particularly in the public sector.


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Contract wins with HM Land Registry


Panoply Holdings Plc (TPX:LON) | 185 0 0.0% | Mkt Cap: 128.1m


  • Published: 14 Aug 2020
  • Author: Blaine Tatum
  • Pages: 3
  • Progressive Equity Research


Digital transformation services provider The Panoply has announced contract wins with HM Land Registry with an aggregate £4.8m value. The group’s FutureGov subsidiary has been selected to be the client’s usercentred design research and capability partner within its digital and data transformation programme. NotBinary will become the client’s partner specialising in Product Management. Following on from confirmation in the recent trading update that £13m of new business was secured in Q1 21E, the group seems firmly on track to reach our (upgraded) FY 21E estimates. We leave forecasts unchanged following this positive news and continue to believe that the group is strongly placed to capture growth opportunities in digital transformation – particularly in the public sector.



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