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Netcall PLC (NET)

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Monday 29 January, 2018

Netcall PLC

Trading Update and Notice of Results

RNS Number : 1225D
Netcall PLC
29 January 2018
 

29 January 2018

NETCALL PLC

("Netcall", the "Company", or the "Group") 

Trading Update and Notice of Results

Netcall plc (AIM: NET), a leading customer engagement software provider, today issues a trading update for the six month period ended 31 December 2017.

The Board is pleased to announce that trading in the period was in line with management expectations, showing significant double-digit growth in both revenue and adjusted EBITDA. This is a result of good underlying organic growth and a maiden contribution from MatsSoft, the cloud-based low code software company acquired by Netcall in August 2017.

In particular, revenue from Netcall's cloud-based offerings show significant growth, in line with the Board's strategy of capitalising on the rapidly growing SaaS market.

Netcall continues to experience good demand for its Liberty platform and is already seeing the benefit of the MatsSoft acquisition with the first cross sales into Netcall's customer base, as well as new customer acquisitions.

Henrik Bang, CEO of Netcall, commented: "We are seeing positive effects of the MatsSoft acquisition which is resulting in significant market interest and has delivered cross sales and new customer acquisitions. We also continue to capitalise on the rapidly growing cloud market. As a result, the Group's recurring revenue profile continues to build, which combined with a strong sales pipeline and a significant market opportunity, leaves the Board confident in a successful year as a whole."

Notice of Results

Netcall will be announcing interim results for the six-month period ended 31 December 2017 on 7 March 2018.

For further enquiries, please contact:

Netcall plc

Tel. +44 (0) 330 333 6100

Henrik Bang, CEO

Michael Jackson, Chairman

James Ormondroyd, Group Finance Director




 

finnCap Limited (Nominated Adviser and Broker)

 

Tel. +44 (0) 20 7220 0500

Stuart Andrews / James Thompson, Corporate Finance


Tim Redfern, Corporate Broking




Alma PR

 Tel. +44 (0) 20 8004 4218

Caroline Forde / Hilary Buchanan / Robyn Fisher


 

About Netcall plc

Netcall is a UK company quoted on the AIM market of the London Stock Exchange. Netcall helps organisations transform their customer engagement activities and enable digital transformation faster and more efficiently, thereby improving customer experiences and operational efficiencies. Netcall's software product portfolio comprises Liberty, a customer engagement platform, incorporating omnichannel contact centre and workforce optimisation, and a leading low-code platform MATS.

Netcall has over 700 customers in both the private and public sectors. These include two-thirds of the NHS Acute Health Trusts, major telecoms operators such as BT and Vodafone, and leading organisations including Interflora, Lloyds Banking Group, ITV and Nationwide Building Society.

For further information, please consult the Netcall website: www.netcall.com.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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