Cerillion PLC Trading Update (6325E)
22 October 2018 - 5:00PM
UK Regulatory
TIDMCER
RNS Number : 6325E
Cerillion PLC
22 October 2018
AIM: CER
Cerillion plc
("Cerillion" or "the Company")
Trading Update
Cerillion, the billing, charging and customer relationship
management ("CRM") software solutions provider, is pleased to
provide a trading update for its financial year ended 30 September
2018.
Results for the year are expected to be in line with current
market expectations, with revenues up by 8% year-on-year to circa
GBP17.4m and adjusted EBITDA up by 9% to circa GBP3.9m.
Trading in the second half of the financial year has been very
encouraging, well supported by new orders. The Company is advancing
with contract negotiations with major potential new customers, and
its new business pipeline, including the range and quality of
opportunities, remains very positive.
The Company intends to announce full year results towards the
end of November.
Cerillion plc c/o KTZ Communications
Louis Hall, CEO T: 020 3178 6378
Oliver Gilchrist, CFO
Shore Capital (Nomad and broker) T: 020 7408 4090
Toby Gibbs, Mark Percy
KTZ Communications T: 020 3178 6378
Katie Tzouliadis, Emma Pearson
About Cerillion
www.cerillion.com
Cerillion is a leading provider of mission critical software for
billing, charging and CRM. The Company has over 80 customer
installations across over 40 countries, principally serving the
telecommunications market.
Headquartered in London, Cerillion also has operations in Pune,
India, where its Global Solutions Centre is located, Miami and
Sydney.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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END
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