REG - Microlise Group PLC - AU$20M Contract Win and Notice of Results

MicroliseAnnouncement

28/03/2024 07:00

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RNS Number : 6017I  Microlise Group PLC  28 March 2024

28 March 2024

 

MICROLISE GROUP PLC

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

 

AU$20M Contract Win and Notice of Results

Woolworths Group selects Microlise platform for application roll-out to entire
online delivery fleet across Australia

 

 

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport
technology solutions to fleet operators, is pleased to announce it has signed
an initial 5-year contract for a total value of AU$20M (approximately £10.6
million at AUD:GBP of 1.9352 as at 27 March 2024), with WooliesX, part of the
Woolworths Group, Australia's largest supermarket chain.

WooliesX has selected Microlise to deploy applications across its entire
online delivery fleet operation throughout Australia, which provide home
delivery to 240,000 customer homes every week, and travel over 70,000,000 km's
annually.  The landmark contract was agreed with a view to delivering
improved asset and driver visibility, monitor asset health, understand the
impact on the environment, promote behavioural improvements in drivers,
enhance safety & compliance and reduce fuel costs.

WooliesX roll out of Microlise's solutions has already begun, with the
remainder taking place across the rest of 2024. These solutions include Fleet
Performance, Journey Management, Health & Safety Module, Cold Chain
Temperature Monitoring and Full 5 Way clear vision Risk Reduction Cameras with
AI Driver Distraction Camera's. The contract also includes Third-Party
Integration with Woolies Proprietary Delivery Management Application (Woolies
GO), which will interlink the two systems to share Woolies GO data via API
directly into the Microlise Journey Management system, providing transparency
across their operations and drivers performance.

Henri Le Comte, Head of Vendor Success & Commercial, WooliesX said: "As
we drive development of our connected customer experience forward, we look to
partner with suppliers that will enable us to continuously develop an
integrated solution across our operations. This is why we have chosen to
partner with Microlise across several different solutions within our transport
operations, including our own journey of implementing EV's into our fleet as
part of our sustainability strategy."

Nadeem Raza, CEO, Microlise, said: "We are excited to be engaged with
WooliesX, Australia's largest supermarket chain and we look forward to
updating the market with our progress on this important project and the
Group's expansion across Australia. This is a great example of how our
technology is being used as part of major retailers' digitalisation journey to
the benefit of all stakeholders."

 

Notice of Results

The Group expects to announce its audited results for the year ended 31
December 2023 on 9 April 2024.

Analyst Presentation

 

There will be a Zoom webinar for equity analysts at 09:30 BST on the day of
results, hosted by Nadeem Raza, CEO, and Nick Wightman, CFO. Any analysts
wishing to register for the event should email microlise@secnewgate.co.uk .

 

Investor Presentation

 

Additionally, the above presentation team will provide a live presentation for
investors via the Investor Meet Company platform at 11:00 BST on the day of
results.

 

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9:00 am the day before the meeting or at any time during the live
presentation.

 

Investors can sign up to Investor Meet Company for free and add to meet
Microlise Group plc via:

https://www.investormeetcompany.com/microlise-group-plc/register-investor
(https://www.investormeetcompany.com/microlise-group-plc/register-investor) .
Investors who already follow Microlise Group plc on the Investor Meet Company
platform will automatically be invited.

 

 

For further information, please contact:

 Microlise Group plc                                                           C/O SEC Newgate

 Nadeem Raza, CEO

 Nick Wightman, CFO

 Singer Capital Markets (Nominated Adviser & Broker)                           Tel: 020 7496 3000

 Steve Pearce / James Moat / Harry Gooden

 SEC Newgate (Financial PR)                                                    Tel: 020 3757 6880

 Bob Huxford / Molly Gretton / Harry Handyside                                 Email: microlise@secnewgate.co.uk (mailto:microlise@secnewgate.co.uk)

 

 

About Microlise

Established in 1982, Microlise Group Plc is a leading SaaS provider of
Transport and fleet management solutions. Its technology is designed to help
businesses improve efficiency, reduce emissions, lower costs, and increase
safety on the road.

With a range of products and services used by more than 400 enterprise clients
globally, Microlise helps companies of all shapes and sizes - across a wide
range of industries - to better manage their entire operation.

Backed by a team of experienced professionals who provide excellent customer
service, the Group has won a number of awards, including three Queens Awards
for Innovation (2019, 2020).

Headquartered in the United Kingdom, the company also has offices in France,
Australia, and India with a global staff base of more than 750 industry
professionals.

Handling over 640,000 subscriptions annually, Microlise joined the Alternative
Investment Market (AIM) in 2021, qualifying for the London Stock Exchange's
Green Economy Mark.

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