8th Sep 2025 10:04
(Alliance News) - Cerillion PLC on Monday said it has signed two new agreements, worth a total of GBP17.3 million, with an existing European customer.
The London-based billing, charging and customer relationship management software company said the deals are the expected follow-on contracts to the services agreement, worth GBP8.0 million, signed with the same customer in May.
Together they are among the company's largest wins to date and support existing consensus market expectations, Cerillion said in a statement.
Shares in the company rose 4.3% to 1,471.00 pence each in London on Monday morning.
All three contracts relate to the on-boarding of this customer's newly-acquired, Tier-1 customer base onto Cerillion's Operations Support System/Business Support System platform, Cerillion explained. Their combined value of GBP25.3 million is over an initial five-year term.
The two newer agreements cover software licences for the new customer base, maintenance, managed services and Cerillion's Evergreen programme, the firm added.
Chief Executive Officer Louis Hall said the agreements "deepen and broaden our relationship with this significant customer" and are "strategically important".
By Jeremy Cutler, Alliance News reporter
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