dotDigital Group plc AGM Statement (7180Z)
December 19 2017 - 1:00AM
UK Regulatory
TIDMDOTD
RNS Number : 7180Z
dotDigital Group plc
19 December 2017
19th December 2017
dotdigital Group Plc
("dotdigital" or the "Group")
AGM Statement
dotdigital Group Plc (AIM:DOTD), the leading provider of
intuitive software as a service ("SaaS") and managed services to
digital marketing professionals through the 'dotmailer' platform
will hold its Annual General Meeting (AGM) at 11.30 am today. At
the meeting, Frank Beechinor-Collins, the Group's Non-Executive
Chairman will make the following statement:
"The Group has seen the positive trading momentum highlighted in
the 2017 preliminary results continue into the first half of the
new financial year. This progress is in line with management
expectations and is driven by strong international sales and
growing demand for dotmailer in the ecommerce market. Central to
both accessing and serving this growing demand are dotmailer's
industry-leading Connectors, which allow platforms to integrate
ecommerce data with dotmailer to enhance marketing efforts and
drive improved customer engagement.
We continue to strengthen our relationships with key partners
including Magento, Shopify and Microsoft Dynamics. Earlier this
month, Magento launched the latest version of Magento 2.2.2, the
new release incorporates the dotmailer connector in their core code
base. This feature positions dotmailer as Magento's preferred
partner for marketing automation and allows its global user-base to
register for, download and incorporate the dotmailer product into
their operations within moments of taking the decision to do so.
Magento is recognised as the leading commerce platform for both B2C
and B2B industries. Every year Magento handles over $100 bn in
gross merchandise volume and has over 250,000 merchants worldwide
using its platform.
The Group also continues to execute on its strategy to become a
fully integrated omni-channel and conversational commerce service
provider. In November we announced the acquisition of the Comapi
group of companies, a fast-growing business focused on the
omni-channel messaging and cloud communication market. The
acquisition also gives dotdigital new exposure to the fast growing
Alerts, Reminders and Notifications market.
The integration of Comapi messaging capabilities into the
Dotmailer platform is well underway and will be launched at our
Annual Summit in the Spring. I am pleased to announce that Comapi
has recently won a significant contract, which helps underpin their
2018 revenue expectations.
The Board is very pleased with the Group's current progress and
remains confident in achieving its ambitious growth plans."
For further information please contact:
dotdigital Group Plc Tel: 020 3770 1502
Milan Patel, CEO
Phillip Blundell, CFO
FTI Consulting (Financial Tel: 020 3727 1000
PR and Investor Relations)
Matt Dixon
Adam Davidson
N+1 Singer (Nominated Tel: 020 7496 3000
Adviser and Joint Broker)
Shaun Dobson, Head of
Corporate Finance
Liz Yong, Corporate Finance
finnCap (Joint Broker) Tel: 020 7220 0500
Stuart Andrews, Corporate
Finance
Rhys Williams, Sales
This information is provided by RNS
The company news service from the London Stock Exchange
END
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