Business
Year End Trading Update
Year End Trading Update.
About this update from Eleco Plc
[{"type":"text","content":"\n \nRNS Number : 3824A Elecosoft PLC 21 January 2020 \n\nFor release 21 January 2020\nElecosoft Plc \n(\"Elecosoft\" or the \"Company\") \nYear end trading update\nThe Board of Elecosoft (AIM: ELCO), the international construction software specialist, is pleased to announce that results for the year ended 31 December 2019, based on unaudited management accounts, are expected to be ahead of the prior year and will be in line with market expectations. The Board is also pleased to note that Elecosoft significantly improved its cash generation in the year.\n \nJohn Ketteley, Executive Chairman of the Company, commented:\n\"Elecosoft remained resilient throughout 2019 despite adverse exchange rate movements and delays and hesitations occasioned by Brexit in the placing of orders by companies in the construction, manufacturing and retail sectors, all of which are served by Elecosoft. I am sure that shareholders will be particularly grateful to our employees this year for their continuing dedication and outstanding performance in such difficult trading conditions.\"\n \nEnquiries:\n\n\n\n\nElecosoft plc\n\n\n+44 (0)20 7422 8000\n\n\n\n\nJohn Ketteley, Executive Chairman\n\n\n \n\n\n\n\nJonathan Hunter, Chief Operating Officer\n\n\n \n\n\n\n\nBen Moralee, Group Finance Director\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nfinnCap Limited\n\n\n+44 (0)20 7220 0500\n\n\n\n\nGeoff Nash/Kate Washington (Nomad)\n\n\n \n\n\n\n\nCamille Gochez (ECM)\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nNewgate Communications\n\n\n+44 (0)20 3757 6880\n\n\n\n\nElisabeth Cowell/Isabelle Smurfit\n\n\[email protected]\n\n\n\n\n \nAbout Elecosoft plc\nElecosoft plc is an AIM-listed (AIM: ELCO) software company with interests based principally in the UK, Sweden, Germany, Benelux, and the US. Elecosoft develops award winning software applications and related services to the architectural, engineering, construction and owner/operator sectors.\nElecosoft delivers a portfolio of software for project management, estimation, visualisation, Building Information Modelling (BIM), property management and digital marketing disciplines.\nElecosoft's software and services are used during early planning stages through to construction and facilities ...