24th Oct 2013 07:00
24 October 2013
Digital Globe Services, Ltd.
(the "Company" and together with its subsidiaries "DGS")
AGM Statement
Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, will be hosting its AGM at 10am today. At the meeting, Jeff Cox, CEO, will make the following statement regarding trading:
"I am pleased to report that DGS has enjoyed strong trading in the first quarter of the year, with revenues in the three months to 30 September 2013 showing a 67% increase on the first quarter of the prior financial year, and 21% growth quarter on quarter. DGS continues to grow its business profitably.
"The Company has performed well against all strategic objectives; growing our core US telecoms business, entering into new geographies and securing clients in additional relevant industry verticals. This has resulted in both overall revenue growth and the continued diversification of revenue.
"Of particular note in the first quarter has been the launch into the UK market and our first UK customer, a leading mobile network operator. Early indications from the European market in general are that it is favourable to our business processes and we are working on a good level of additional customer opportunities.
"We continue to invest in the development of the business, enhancing our customer support team and building on the business intelligence and analytics within our dgSmart platform, adding to the differentiation of our offering and strengthening our ability to drive profitable revenue growth.
"We continue to view the future with confidence."
For further information please contact:
Digital Globe Services, Ltd. | www.dgsworld.com |
Jeff Cox, CEO | +1 303 736 2105 |
N+1 Singer | |
Shaun Dobson / Aubrey Powell/ Matt Thomas | +44 20 7496 3000 |
Newgate Threadneedle | +44 20 7653 9850 |
Hilary Millar / Caroline Evans-Jones / Josh Royston / Jasper Randall | |
Overview of DGS
Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, integrated websites and contact centre support, receiving a fee for each customer acquired for its clients.
DGS is seeking to establish itself as the leading international provider of outsourced online customer acquisition services, through its focus on having the premier technology platform for pricing and procuring paid search advertising on a cost effective basis. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed.
By using its optimizing technology platform, dgSmart, and its experience of website management, efficient contact centre operations and other process expertise, DGS is able to bid appropriately and cost effectively for search terms in order to achieve conversion rates that deliver profitable, high quality customers to its clients.
DGS employs approximately 430 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500. In 2012, DGS commenced operations in Canada and Mexico, and is pursuing further growth opportunities in Latin America, Europe, and Asia Pacific. DGS has also recently started providing its customer acquisition services to the home automation and renewable energy sector, and is examining additional opportunities in the insurance, retail banking, utility and consumer technology sectors.
Related Shares:
DGS.L