UK's iEnergizer rises on strong HY performance
14/11/2022 12:04
** Shares of software services firm iEnergizer Ltd IBPO.L
up 3.4% at 495p
** Says HY revenue rose 24% to $152 mln
** IBPO sees a continued strong momentum across the group
** Records HY profit before tax at $44.3 mln, up from $37.9
mln a year ago
** "While we recognise the macro uncertainty, we are
optimistic for the remainder of FY23, in particular due to
ongoing inflationary pressures which continues to drive
multinationals to focus not only on cost reduction but also
revenue retention" - Co
** Including session gains, stock has surged ~53% YTD
(Reporting by Amna Karimi in Bengaluru)
((Amna.Karimi@thomsonreuters.com; +91 8083261226;))