16th Jul 2015 08:42
LONDON (Alliance News) - Mobile workforce management software company ServicePower Technologies PLC on Thursday said its trading in the first half was in line with its expectations and showed an improvement year-on-year.
The company said it expects revenue for the first half to be around GBP7 million, with 81.5% of this recurring, compared to GBP6.2 million a year earlier. It expects gross profit for the first half to be GBP3.4 million, up from GBP2.7 million.
"ServicePower has had a strong start to 2015 and is well positioned to deliver a strong performance in future. Our growing client base, including some well-known brands, is proof of our commitment to provide one of the most technologically advanced field management tools in the world. Building on our progress and performance in the first half of 2015, we are confident that the full year will be successful," said Marne Martin, ServicePower's chief executive.
Shares in ServicePower were up 10% to 4.00 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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