UK's Microlise gains on contract renewal with JCB
23/09/2024 09:18
** Shares of transport technology solutions provider
Microlise Group SAAS.L up 3.7% at 125p
** Says contract renewed for five years with construction
equipment manufacturer J.C. Bamford Excavators (JCB)
** Contract, which now extends till September 2029, involves
co providing JCB with its advanced Industrial Internet of Things
(IIoT) platform
** Says the platform facilitates real-time worldwide
monitoring and diagnostics of JCB machinery
** Including session's gains, stock up 26.1% YTD
(Reporting by DhanushVignesh Babu in Bengaluru)
((DhanushVignesh.Babu@thomsonreuters.com;))