REG - Eleco PLC - AGM Statement and Trading Update

ElecoAnnouncement

03/06/2025 07:00

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RNS Number : 1124L  Eleco PLC  03 June 2025

3 June 2025

Eleco plc

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

AGM Statement and Trading Update

 

 

At the Company's Annual General Meeting ("AGM") being held at 11:00am today,
Mark Castle, Non-Executive Chairman of Eleco Plc (AIM: ELCO), the specialist
software provider for the built environment, will make the following
statement:

 

"We are pleased with Eleco's progress in the first four months of 2025,
particularly given the backdrop of ongoing political and market uncertainty.
Underlying demand for Eleco's products remains resilient, driven by the
construction industry's continued shift toward sustainability, digitisation of
the built environment, and productivity enhancements."

 

"It is pleasing to see the share price has continued to respond to the
underlying continuing trading performance of the business, moving from 117p at
the last AGM date in June last year to over 163p at the close of day preceding
this year's AGM."

 

"The Board remains confident in the outlook and trading remains in line with
market expectations for the full year."

 

 

For further information, please contact:

 Eleco plc                                                     +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer
 Neil Pritchard, Chief Financial Officer

 Cavendish Capital Markets Limited                             +44 (0)20 7220 0500
 Geoff Nash/ Seamus Fricker/ Elysia Bough (Corporate Finance)
 Louise Talbot (Sales) / Harriet Ward (ECM)

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of
software and related services to the built environment through its operating
brands Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze from centres
of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania
and the USA.

The Company's software solutions are trusted by international customers and
used throughout the building lifecycle from early planning and design stages
to construction, interior fit out, asset management and facilities management
to support project management, estimation, visualisation, Building Information
Modelling (BIM) and property management.

For further information please visit www.eleco.com
(http://www.elecosoft.com/) .

 

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