Netcall PLC Trading Update and Notice of Results (1225D)
January 29 2018 - 2:00AM
UK Regulatory
TIDMNET
RNS Number : 1225D
Netcall PLC
29 January 2018
29 January 2018
NETCALL PLC
("Netcall", the "Company", or the "Group")
Trading Update and Notice of Results
Netcall plc (AIM: NET), a leading customer engagement software
provider, today issues a trading update for the six month period
ended 31 December 2017.
The Board is pleased to announce that trading in the period was
in line with management expectations, showing significant
double-digit growth in both revenue and adjusted EBITDA. This is a
result of good underlying organic growth and a maiden contribution
from MatsSoft, the cloud-based low code software company acquired
by Netcall in August 2017.
In particular, revenue from Netcall's cloud-based offerings show
significant growth, in line with the Board's strategy of
capitalising on the rapidly growing SaaS market.
Netcall continues to experience good demand for its Liberty
platform and is already seeing the benefit of the MatsSoft
acquisition with the first cross sales into Netcall's customer
base, as well as new customer acquisitions.
Henrik Bang, CEO of Netcall, commented: "We are seeing positive
effects of the MatsSoft acquisition which is resulting in
significant market interest and has delivered cross sales and new
customer acquisitions. We also continue to capitalise on the
rapidly growing cloud market. As a result, the Group's recurring
revenue profile continues to build, which combined with a strong
sales pipeline and a significant market opportunity, leaves the
Board confident in a successful year as a whole."
Notice of Results
Netcall will be announcing interim results for the six-month
period ended 31 December 2017 on 7 March 2018.
For further enquiries, please contact:
Netcall plc Tel. +44 (0)
330 333 6100
Henrik Bang, CEO
Michael Jackson, Chairman
James Ormondroyd, Group
Finance Director
finnCap Limited (Nominated Tel. +44 (0)
Adviser and Broker) 20 7220 0500
Stuart Andrews / James Thompson,
Corporate Finance
Tim Redfern, Corporate Broking
Alma PR Tel. +44 (0)
20 8004 4218
Caroline Forde / Hilary
Buchanan / Robyn Fisher
About Netcall plc
Netcall is a UK company quoted on the AIM market of the London
Stock Exchange. Netcall helps organisations transform their
customer engagement activities and enable digital transformation
faster and more efficiently, thereby improving customer experiences
and operational efficiencies. Netcall's software product portfolio
comprises Liberty, a customer engagement platform, incorporating
omnichannel contact centre and workforce optimisation, and a
leading low-code platform MATS.
Netcall has over 700 customers in both the private and public
sectors. These include two-thirds of the NHS Acute Health Trusts,
major telecoms operators such as BT and Vodafone, and leading
organisations including Interflora, Lloyds Banking Group, ITV and
Nationwide Building Society.
For further information, please consult the Netcall website:
www.netcall.com.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
This information is provided by RNS
The company news service from the London Stock Exchange
END
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