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IN BRIEF: Cerillion shares rise on expected profit hike, good outlook

4th Oct 2021 11:18

Cerillion PLC - London-based billing and customer relations management software - Says revenue for the financial year is expected to be slightly ahead of current consensus market forecast. Adds that, as a result of a higher proportion of term licence sales than anticipated, adjusted profit before tax is expected to be "significantly higher" than current consensus market forecasts. Says it has a strong pipeline of new business opportunities from both existing and prospective new customers.

Results for the 12 months that ended September 30 will be released on November 22.

Current stock price: 842.00 pence

Year-to-date change: up 7.3%

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Cerillion
FTSE 100 Latest
Value8,809.74
Change53.53