Netcall PLC Trading Update and Notice of Results (1451V)
January 26 2017 - 1:00AM
UK Regulatory
TIDMNET
RNS Number : 1451V
Netcall PLC
26 January 2017
26 January 2017
NETCALL PLC
("Netcall", the "Company", or the "Group")
Trading Update and Notice of Results
Netcall plc (AIM: NET), a leading customer engagement software
provider, is pleased to give an update on trading for the six month
period ended 31 December 2016.
Group trading during the first half of the year was in line with
management expectations.
Order inflow during the six month period was robust with an
increasing proportion of new orders for multi-year,
Software-as-a-Service (SaaS) contracts in line with the Group's
strategy. These SaaS contracts continue to enhance the Group's
revenue visibility by adding recurring revenue in future periods.
As a result, the Group's order book and annualised recurring
revenues continue to grow solidly. The healthy trading period is
the result of increasing demand across healthcare and commercial
sectors for the Group's customer engagement software platform,
Liberty.
The Group maintains a strong financial position and a debt-free
balance sheet. At 31 December 2016, the net cash balance had
increased to GBP14.6m (30 June 2016: GBP14.1m) after the payment of
an interim dividend of GBP1.3m in the period.
Henrik Bang, CEO of Netcall, commented:
"Netcall has had robust trading in the first half of the
financial year, with a growing order book and annualised recurring
revenues. Our stated strategy of investing in the Group's cloud
capabilities to capitalise on the rapidly growing SaaS market
opportunity is yielding positive early results, and we are pleased
with the progress achieved during the period. With a healthy sales
pipeline, high levels of revenue visibility and strong financial
position, the Board is confident in the Group's prospects for the
year as a whole."
Notice of Results
Netcall will be announcing interim results for the six-month
period ended 31 December 2016 on 21 February 2017.
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) 20
Adviser and Broker) 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 McConnachie
About Netcall plc
Netcall is a UK company quoted on the AIM market of the London
Stock Exchange. Netcall's software product suite provides
end-to-end customer engagement solutions, incorporating
multi-channel contact centre, workforce optimisation, business
process management and case management. The Netcall software
platform helps organisations meet the growing demands of their
customers and prospects whilst improving internal efficiencies,
thereby increasing profitability and customer satisfaction.
Netcall's customer base comprises 700 organisations in both the
private and public sectors. These include two thirds of the NHS
Acute Health Trusts, major telecoms operators such as BT and
leading organisations including Interflora, Lloyds Banking Group,
Cineworld, Axa, and British Sugar. For further information, please
consult the Netcall website: www.netcall.com.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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