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Brady Expects 2015 Results In Line With Current Market Forecasts

18th Jan 2016 07:53

LONDON (Alliance News) - Brady PLC on Monday said its full-year results for 2015 are expected to be in line with current market forecasts, with cash ending the year ahead of market expectations at GBP6.5 million.

The company, which provides trading risk management and settlement software to the energy, commodities and recycling sectors, said trading in December was in line with management expectations.

Four new contracts have been secured since December 17, the date of the company's previous update, Brady said.

"Recent contract wins were geographically diverse and include: a deal with a Chinese-owned company based in Singapore, a renewable energy company in Norway and two significant trading teams based in Switzerland," Brady said.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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