Accesso Technology Group PLC Trading Update (0424W)
06 February 2017 - 6:00PM
UK Regulatory
TIDMACSO
RNS Number : 0424W
Accesso Technology Group PLC
06 February 2017
6 February 2017
accesso(R) Technology Group plc
("accesso" or the "Group")
Trading Update
Board expects an in-line revenue performance with profit likely
to be ahead of expectations for 2016
accesso also reports a strong start to 2017
The Board of accesso Technology Group plc (AIM: ACSO), the
premier technology solutions provider to leisure, entertainment and
cultural markets, is pleased to announce that it expects Group
revenues to be in line with expectations for the year ended 31
December 2016, and expects to be ahead of expectations with respect
to profitability. This strong performance has been achieved despite
significant and accelerated investment in product and
infrastructure to support business and growth opportunities in
geographies outside its traditional core markets, together with
further investment in the recently launched accesso Prism wearable
device.
The Board is also pleased to report a strong start to 2017 where
all accesso business lines are reporting good momentum.
accesso will announce its full year results on 21 March 2017.
The Group will also hold a Capital Markets Event on the same
day.
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For further information, please contact:
accesso Technology Group plc +44 (0)118 934 7400
Tom Burnet, Executive Chairman
John Alder, Chief Financial Officer
FTI Consulting, LLP +44 (0)20 3727 1000
Matt Dixon, Adam Davidson
Canaccord Genuity Limited +44 (0)20 7523 8000
Simon Bridges, Martin Davison
Numis Securities Limited +44 (0)20 7260 1000
Simon Willis, Mark Lander
About accesso Technology Group
accesso (AIM: ACSO) is the premier technology solutions provider
to leisure, entertainment and cultural markets. Our patented and
award-winning technology solutions drive increased revenue for
attraction operators while improving the guest experience.
Our solutions add value to operators at every point of the guest
experience with our technology facilitating the key points of
contact with their many millions of guests.
We drive attendance
The accesso Passport(R) and accesso ShoWare(SM) ticketing suites
are comprehensive, easy-to-use cloud solutions that process tens of
millions of tickets every year for assigned seat and general
admission venues, enabling operators to maximize up-sell and
cross-sell with ease to drive greater revenue.
We handle payments
Our payment gateway carries level 1 PCI security certification
and 24/7 support. It provides the tools, security and support
operators need to drive sales and has so far processed more than $5
billion in transactions.
We take guests out of line
Since 2001 more than 11 million guests have used a patented
accesso LoQueue solution to queue less, ride more, enjoy a better
experience and increase in-attraction spend.
We simplify point-of-sale
Our accesso Siriusware(SM) point-of-sale solution offers
software modules that combine ticketing, membership, retail,
food/beverage transactions, rentals, credit card processing and
many other functions into a single system eliminating the need for
separate systems and databases.
More than 1,000 attractions and venues worldwide currently
employ accesso technology - from theme parks, water parks, cultural
attractions, live performance venues and sporting events to ski and
snow parks. We are proud that the majority of the leading names in
the leisure industry including Six Flags Entertainment, Cedar Fair
Entertainment, Merlin Entertainments, International Speedway
Corporation, Palace Entertainment, Compagnie des Alpes and
Herschend Family Entertainment, trust our solutions.
accesso is a public company, listed on AIM: a market operated by
the London Stock Exchange. For more information visit:
www.accesso.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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