13th Aug 2014 08:50
LONDON (Alliance News) - Outsourcing company IBEX Global Solutions PLC Wednesday said its organic revenue grew by about 30% in its recently-ended financial year, and it expects to report results that are in line with market expectations after seeing a significant increase in profitability.
The company's last financial year ended on June 30.
In a trading update, the provider of contact centre services and business process outsourcing said it had grown revenue from existing clients and added new clients, including in new areas. Its said its most notable new deal was with a major cable provider in the US, which endorsed its decision to move into the home telecoms, cable and satellite provider market.
"Major contracts have also been signed which deepen IBEX's expertise in supporting the automotive sector, with services in preparation and on-schedule to launch in the UK early in the 2015 financial year. IBEX's service offering has also been strengthened with the establishment of two new separate sites in the Philippines to meet increased demand from both new and existing customers," the company added.
"The board remains confident in the strength of the existing pipeline, future opportunities and growth prospects, and expects that results for the year ended 30 June 2014 will be in line with market expectations," it said.
IBEX Global Solutions shares were down 2.9% at 135.00 pence Wednesday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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