D4T4 Solutions PLC AGM Statement (5914Y)
August 23 2018 - 2:00AM
UK Regulatory
TIDMD4T4
RNS Number : 5914Y
D4T4 Solutions PLC
23 August 2018
D4t4 Solutions Plc
'ALL ABOUT THE DATA'
'SOLUTIONS FOR COMPLEX DATA PROBLEMS'
ANNUAL GENERAL MEETING STATEMENT
London: Thursday 23 August 2018: At today's Annual General
Meeting which is being held at the Company's headquarters at
10:00hrs Peter Simmonds, Non-Executive Chairman will deliver the
following statement on behalf of the Board to shareholders
present:
"As a Company we were delighted to report in our last financial
report a 13.7% increase in organic top-line growth and more
importantly that through our ability to maintain our gross profit
margins we delivered a 22% growth in underlying profitability."
"This outcome was a very satisfactory and solid performance,
reflecting our ongoing focus on our higher margin real-time
customer data platform (CDP) software , and our hybrid cloud data
platform services business which has set us in good stead to
deliver year on year growth for the year ending March 2019."
"We are already seeing encouraging returns from our business
investment programme; including improvements to our CRM,
accounting, management support and reporting systems. We have also
invested in our partner-based sales strategy and, during the year,
we will continue to scale up these relationships which will deliver
further rewards both this year and in the future."
"Our pipeline of sales opportunities in the UK and
internationally is growing and we are very excited by the many
opportunities that are presenting themselves. This was underpinned
last week when we were delighted to update shareholders with news
that in this first half, we had successfully won several new, and
extensions to existing, Data Management and Data Collection
contracts in our key vertical sectors (financial services and
consumer organisations). These multi-year projects have been on the
back of demand for both our Celebrus software product set and our
hybrid cloud data platform services which have seen good traction
particularly in the North American and EMEA markets. This also puts
us on track to return to more normalised levels of business
weighting for the first half of this current financial year,
against the comparable period last year."
"In addition, the Company announced in its final results
statement released on 26 June 2018 that the debtor balance owing
was GBP19.5 million as at 31 March 2018, due to the business
weighting occurring late in the second half. The Company confirms
that it has received payment of the GBP19.5 million and therefore
now has a strengthened cash balance, providing the Company
significant flexibility to execute on corporate strategy."
"As a Board, we believe that D4t4 has a clear strategy in place
that will allow it to develop and deliver on the opportunities
ahead and these will deliver sustainable growth and enable us to
achieve our ambitious plans over the coming months and years."
"In summary, the group remains committed to a progressive
dividend policy based on the overall performance whilst also
balancing its investments for future growth. Our balance sheet is
in good shape, with no debt and the Company remains strongly cash
generative. Combine this with the people, skill set and the
flexibility to keep moving forward; the Board remains confident of
delivering on its expectations for the year ahead."
"We look forward to keeping shareholders abreast of the exciting
developments within the business as we progress through the year
and at the time of our Half -year results which will be released in
November."
Link to RNS "Contract wins 14 August 2018":
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/D4T4/13753871.html.
ENQUIRIES
D4t4 Solutions Plc
Peter Kear, Chief Executive Officer
Carmel Warren, Chief Financial Officer
Tel: +44 (0) 1932 893333
Email: moreinfo@d4t4solutions.com
finnCap (Nominated adviser & broker)
Adrian Hargrave/Emily Watts - Corporate Finance
Tel: +44 (0) 20 7220 0500
TooleyStreet Communications (IR & media relations)
Fiona Tooley:
Tel: +44 (0) 7785 703523
or email: fiona@tooleystreet.com
'ALL ABOUT THE DATA' - 'SOLUTIONS FOR COMPLEX DATA PROBLEMS'
D4t4 Solutions Plc (AIM: D4T4) operates within the fast-growing data
and analytics market. This market encompasses 'big data', artificial
intelligence, machine learning and the business intelligence market;
this market which has been estimated to be valued at U$150 billion
by the global independent analyst International Data Corporation (IDC),
with a projected growth of 11.9% annually until 2020 when the market
is anticipated to be worth U$210 billion.
The business is focused on the finance and consumer sectors. The specific
areas of focus for D4t4 are data and analytics related to the collection
of data on how consumers interact with digital channels, the management
and analysis of that data and the implementation of cost effective
platforms to assist companies get real value from their data assets.
Celebrus, our software product, is a customer data platform that is
in a market, according to research by the Customer Data Platform Institute
(CPDI), that is expected to grow from GBP300m in 2016 to GBP1bn in
2019.
We service clients in 21 countries.
Our people and intellectual property combine to create four core capabilities:
v Data capture software (Celebrus) and skills
v Data management facilities and skills
v Data analytics capabilities and solutions
v Data platforms that are on premise or in the cloud and combine hardware,
software and services.
We are energetically focused on data platforms that enable clients
who operate within the financial services, retail and consumer sectors
to get the most from their data. From capture, through to management
and analysis, we provide comprehensive products and services that
drive value from our clients' information assets.
We are accredited to ISO27001: Information Security Management and
PCI Data Security Standard.
To find out more, visit www.d4t4solutions.com
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END
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