leadf
logo-loader
viewAccesso Technology Group PLC

Accesso Technology Group sees 'enormous' opportunities for growth in 2018

Tom Burnet, chairman of accesso Technology Group PLC (LON:ACSO), tells Proactive's Andrew Scott they enjoyed a strong year and remain confident on the outlook for 2018.

Revenues for the 12 months ended December 31 grew just over 30% to US$133.4mln, while underlying earnings (EBITDA) were up 29% at US$24.6mln. As previously flagged, the numbers were comfortably ahead of market expectations.

Its performance was underpinned by new business wins, renewed partnerships, geographic expansion and acquisitions, principally July’s purchase of TE2 for an enterprise value of $80mln.

Quick facts: Accesso Technology Group PLC

Price: 562.7999 GBX

LSE:ACSO
Market: LSE
Market Cap: £231.96 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Accesso Technology Group PLC named herein, including the promotion by the Company of Accesso Technology Group PLC in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Tech in Focus: US tech giants Vs UK small caps

Proactive Tech Analyst Richard Jeans selects him top picks of the week including Keywords Studios (LON:KWS) one of the few stocks to rise following its trading update, gaining 4%.   Among the small caps, Accesso Technology (LON:ACSO) released a positive update with 2020 revenues ahead of...

on 29/1/21

2 min read