Business
Year End Trading Update
Year End Trading Update.
About this update from Celebrus Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 5555W D4T4 Solutions PLC 18 April 2019 \n\n \nThe information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \nD4t4 Solutions Plc\n'ALL ABOUT THE DATA'\n'SOLUTIONS FOR COMPLEX DATA PROBLEMS'\n \n(the \"Company\", \"Group\" or \"D4t4\")\n \nYear End Trading Update \n \nLondon THURSDAY 18th APRIL 2019 D4t4 Solutions Plc (AIM: D4t4), specialists in data solutions, is pleased to provide the following trading update, ahead of the publication of the Group's final results for the financial year ended 31 March 2019 which are expected to be released in the week commencing 24th June 2019.\n \nHighlights:\n \nØ Group revenue of c. £25m \nØ Adjusted profit* expected to be slightly ahead of market expectations\nØ Group margin remains consistently strong\nØ Strong balance sheet net cash position £11m\nØ D4t4 enters the new financial year in robust shape\nØ Encouraging pipeline & opportunities ahead\nØ Remain confident in our strategy, prospects and future performance\n \n* Adjusted for amortisation of acquired intangibles, share based payment charges and foreign exchange losses.\n \nPeter Kear, Chief Executive of D4t4 commented:\n\"Our strategy continues to deliver and is reflected in our strong overall growth. At the same time we continue to innovate our product, grow geographically and deepen our relationships with our strategic partners. The business enters the new financial year in robust shape after closing a number of significant contracts in the second half year, these contracts will have an impact on 2018-19 and on subsequent years, and we are encouraged by the opportunities and outlook for the business in the coming year. Consequently, as a Board we are confident of delivering results in line with expectations for the financial year ending March 2020.\"\n \n2018-19 overview\n \nThe Group has over the last four years focused on increasing its emphasis on data collection and data management. \n \nDuring the last financial year the Company has made solid progress with its...