27th Oct 2020 14:35
Gresham Technologies PLC - London-based software and services company that specialises in providing real-time data integrity and control solutions - Expects to close 2020 in-line with the company's pre Covid-19 earnings plan for revenue and adjusted earnings before interest, tax, depreciation and amortisation. Now has a contracted revenue of GBP22.5 million for 2021. Completes transition of the Clareti business to a recurring subscription model commenced two years ago. Continues to invest in sales and marketing and expects the Clareti business to continue to grow strongly in 2021, translating into further improvements in group Ebitda.
Current stock price: 116.00 pence
Year-to-date change: down 5.3%
By Greg Roxburgh; [email protected]
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