REG - Eckoh PLC - Half Year Order Update ahead of CMD

EckohAnnouncement

06/10/2022 07:01

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221006:nRSF9460Ba&default-theme=true

RNS Number : 9460B  Eckoh PLC  06 October 2022

6 October 2022

 

Eckoh plc

("Eckoh" or the "Group")

 

Half Year Order Update ahead of CMD

 

Ahead of its Capital Markets Day on Tuesday 11(th) October, Eckoh plc (AIM:
ECK), the global provider of Customer Engagement Security Solutions, shares an
update on order levels for the first half of the financial year.

 

Order levels are expected to be over £17m, more than 50% higher than the
previous year and in line with the Group's expectations for the first half of
the year and previous guidance. This strong momentum is particularly driven by
renewed activity in the US.

 

This reflects good progress in-line with Eckoh's strategy to pursue major
opportunities for large blue-chip organisations, cross-sell from a broader
product suite and continue the trend towards cloud adoption and more
international mandates.  Eckoh is increasingly focusing on attractive sectors
which are suited to its model, technology, and product suite.

 

Eckoh's order book strength supports the Group's expectations of significant
revenue and profit growth in FY23.

 

 

 

For further information please contact:

 

 Eckoh plc

 Nik Philpot, Chief Executive Officer

 Chrissie Herbert, Chief Financial Officer

 www.eckoh.com (http://www.eckoh.com)

 FTI Consulting LLP

 Ed Bridges / Jamie Ricketts / Tom Blundell

 eckoh@fticonsulting.com

 Singer Capital Markets (Nomad & Joint Broker)

 Shaun Dobson / Tom Salvesen / Alex Bond / Kailey Aliyar

 www.singercm.com (http://www.n1singer.com)

 Canaccord Genuity Limited (Joint Broker)

 Simon Bridges / Emma Gabriel

 www.canaccordgenuity.com (http://www.canaccordgenuity.com)

 

About Eckoh plc

Eckoh is a global provider of Customer Engagement Security Solutions,
supporting an international client base from its offices in the UK and US.

 

Our Customer Engagement Security Solutions enable enquiries and transactions
to be performed on whatever device the customer chooses, allowing
organisations to increase efficiency, lower operational costs and provide a
true omnichannel experience.

 

We help our clients to take payments and transact securely with their
customers through all customer engagement channels. The solutions, which are
protected by multiple patents, remove sensitive personal and payment data from
contact centres and IT environments and are delivered globally through our
multiple cloud platforms or can be deployed on the client's site. They offer
merchants a simple and effective way to reduce the risk of fraud, secure
sensitive data and become compliant with the Payment Card Industry Data
Security Standards ("PCI DSS") and wider data security regulations. Eckoh has
been a PCI DSS Level One Accredited Service Provider since 2010, securing over
£5 billion in payments annually.

 

Our large portfolio of clients come from a broad range of vertical markets and
includes government departments, telecoms providers, retailers, utility
providers and financial services organisations.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTFLFFDIALEIIF