29th Sep 2021 12:13
ActiveOps PLC - Reading, England-based management process automation software platform - Grows "blue-chip customer base" and expansion across all target regions and sectors in its first half ended September 30. Notes several contract extensions alongside its first enterprise level up-sale of its workforce analytics tool WorkiQ to existing customers of its employee performance management solution ControliQ. Also reports new logo contract wins, including a large insurer, investment management firm, and a healthcare company that operates in the US and UK.
Chief Executive Richard Jeffery said: "With many organisations beginning the transition to new working arrangements involving home and office working, hybrid working solutions are at the forefront of many managers' minds...We know that the combined insights, visibility and productivity provided by our ControliQ and WorkiQ products are standing our customers in good stead as they navigate this period of significant further change in the world of work. This is seen both in increased scale of our involvement with existing customers and in the level of new sales as organisations seek better orchestration of their work and resources in the face of new challenges."
The company plans to release an half-year update on October 20.
Current stock price: 172.00 pence, up 7.5% on Wednesday
Year-to-date change: up 2.3% from March 29 listing price
By Scarlett Butler; [email protected]
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