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eg solutions' 2017 order book already trumps 2016's

Contracted revenues for the current financial year are already in excess of the revenues for the previous financial year.
Office workers
The business continues to gain market share

Back office workforce optimisation software pioneer eg solutions PLC (LON:EGS) has continued the strong trading of the second half of 2016 into 2017.

At today’s annual general meeting (AGM) chairman Nigel Payne will tell shareholders that contracted revenues for the current financial year are already in excess of the revenues for the previous financial year.

“We have clear visibility of our full year targets,” Payne’s AGM statement says.

"The business continues to gain market share by implementing our focused strategy of direct sales and distribution via our in-house resources and global partners and the board looks forward to the future with confidence."

Shares in eg shot up 20% on the statement. and chief executive Elizabeth Gooch said the improvement reflected growth in the Asia-Pacific region, larger customers and and growing repeat revenues.

"We now start each year with a healthy backlog of orders."

WATCH: 'Our time was always going to come' - eg solutions' Elizabeth Gooch

--updates for interview, share price --

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January 03 2017

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