07:00 Wed 22 Jan 2020
Netcall PLC - Trading Update and Notice of Results
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Half Year Trading Update and Notice of Results
Trading in the six-month period was in line with management expectations and the Board anticipates first-half revenue growth of 8% to approximately
Total annual contract value(2) ('ACV') increased 9% year over year to
Group cash at
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"During the period we continued the investments in the Group's Low-code offering and integration with our customer engagement solutions to provide customers with a complete customer engagement solution suite.
"We are currently trading in line with our full year expectations, underpinned by our key sales metrics and a solid pipeline. The strength of our solution portfolio, our high levels of recurring revenue and strong balance sheet, provide the Board with confidence in the continued success of
Notice of Results
(1) Profit before interest, tax, depreciation and amortisation adjusted to exclude the effects of acquisition, impairment, contingent consideration and non-recurring transaction costs. The trading performance is based on unaudited management accounts for the six months ended
(2) ACV, as of a given date, is the total of the value of each cloud and support contract divided by the total number of years of the contract.
For further enquiries, please contact:
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Tel. +44 (0) 330 333 6100 |
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finnCap Limited (Nominated Adviser and Broker) |
Tel. +44 (0) 20 7220 0500 |
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Alma PR |
Tel. +44 (0) 20 3405 0205 |
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About
We achieve this by delivering powerful and intuitive software that addresses the core elements of best-in-class customer experience and digital process automation. Our industry leading Liberty platform is a suite of Low-code, customer engagement and contact centre solutions which empowers business users and IT developers to collaboratively develop products and systems that create a leaner, more customer-centric organisation.
For further information, please go to www.netcall.com.
Prior to publication the information communicated in this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No 596/2014 ('MAR'). With the publication of this announcement, this information is now considered to be in the public domain.
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