15th May 2014 13:38
LONDON (Alliance News) - Kalibrate Technologies PLC Thursday expressed confidence in meeting its management expectations for the full-year to end-June, as it won new business across several territories in its second-half.
The company won a contract with Finnish retailer St1 Oy, and a contract with Deutsche Tamoil GmbH in Germany.
In the US, it secured new customer Wawa Inc in March to deploy a pricing service and extended its contracts with existing US clients GPM Investments LLC and Hess Corp. It also won a contract with the US Department of Energy's National Renewable Energy Laboratory to identify infrastructure to place hydrogen refuelling stations throughout California.
Outside of Europe and the US, Kalibrate won its first customer in Morocco.
"These contract wins and extensions in multiple geographies reinforce our market leading position and underpin our confidence in meeting management expectations for the full year to 30 June 2014," said Chief Executive Bob Stein in a statement.
Shares in Kalibrate were trading up 11.8% at 113.80 pence Thursday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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