REG - Tialis Essential IT - Contract Wins and Extensions

Tialis Essential ITAnnouncement

21/01/2025 07:00

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RNS Number : 0207U  Tialis Essential IT PLC  21 January 2025

 

 

Tialis Essential IT Plc

("Tialis" or the "Company")

 

21 January 2025

Contract Wins and Extensions

 

Tialis, the mid-market IT Managed Services provider, is pleased to announce it
has received confirmation of preferred partner and contract extensions
totalling approximately £17.8m, marking an excellent start to FY25.
Encouragingly a sizeable proportion of the customer wins are 5-year contracts,
with multi-million-pound contracts for our lifecycle division.

The Company will provide further contract updates during year-end reporting,
which is expected in April 2025.

 

CEO, Ian Smith commented:

"Whilst market conditions remain highly competitive and economic uncertainty
persists; the Company has improved future visibility and greater confidence as
we look ahead."

 

 

For more information, contact:

 Tialis Essential IT Plc                                 Tel: +44 (0)344 874 1000

 Ian Smith, Executive Director

 Cavendish Capital Markets Ltd                           Tel: +44 (0)20 7220 0500

 Nominated Adviser and Broker

 Corporate Finance: Jonny Franklin-Adams/ Elysia Bough

 Corporate Broking: Tim Redfern

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