Brief: Essensys On Track To Return To Run-Rate Positive Adj Core Profit From Q1 Of FY25

essensys

30/04/2024 07:59

April 30 (Reuters) - Essensys PLC  ESYS.L :
    * ESSENSYS PLC: LARGEST CUSTOMER MOVING TO DUAL-VENDOR
SOLUTION
RESULTING IN LOSS OF UP TO 90 US SITES THAT ARE DUE TO RENEW IN
SEPTEMBER 2024
    * ESSENSYS PLC: RECURRING REVENUE CONTINUES TO TRACK IN LINE
WITH
MANAGEMENT EXPECTATIONS FULL YEAR REVENUE WILL BE BELOW MARKET
EXPECTATIONS
    * ESSENSYS PLC: ELIZABETH SANDLER AND ALEXANDRA NOTAY WILL
BE
STEPPING DOWN FROM BOARD EFFECTIVE 30 JUNE 2024
    * ESSENSYS PLC: ON TRACK TO RETURN TO RUN-RATE POSITIVE
ADJUSTED
EBITDA FROM Q1 FY25 AND NET CASH GENERATION IN FY25

Source text for Eikon:  ID:nRSd4906Ma 
Further company coverage:  ESYS.L 

 ((Reuters.Briefs@thomsonreuters.com;))