Business
Order update
Order update.
About this update from Pebble Beach Systems Group Plc
[{"type":"text","content":"\n \nRNS Number : 4101G Pebble Beach Systems Group PLC 06 November 2018 \n\nPebble Beach Systems Group plc (the \"Company\" or the \"Group\")\nOrder Update\nPebble Beach Systems Group plc (AIM:PEB) (\"Pebble\" or the \"Company\"), a leading global software business specialising in solutions for playout automation, and content serving customers in the broadcast markets, is pleased to announce two new significant orders which will help underpin the Company's existing internal forecasts for FY18 and FY19.\nAn order has been received from a large European commercial broadcaster for its traditional automation and playout technology. The order value is approximately £1m and the project is to be commissioned this month, ready for an on air date in early 2019. \nA second order has been received from a European broadcast service provider. This order, also with a value of approximately £1m, is for their new, state of the art, IP-based facility which is currently under construction in Zürich. The contract is expected to be finalised in the first part of November, and the new facility is scheduled to open in the autumn of 2019.\nThe company remains on track to deliver improved profitability as a direct result of the restructure undertaken throughout 2017 and H1 2018.\nFor further information please contact:\n \n\n\n\nJohn Varney\nNon-Executive Chairman\nPebble Beach Systems Group plc\n\n\n+44 (0) 75 55 59 36 02\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShaun Dobson / James White\nN+1 Singer \n\n\n+44 (0) 20 74 96 30 00\n\n\n\nThe Company is listed on the LSE AIM market (PEB.L). More information can be found at www.pebbleplc.com.\n \nAbout Pebble Beach Systems Limited \nPebble Beach Systems Limited (Pebble) is a leading developer and supplier of automation, channel in a box, integrated and virtualised playout technology for TV broadcasters, service providers, and cable and satellite operators. Founded in 2000 and headquartered in Weybridge, Surrey, Pebble has developed a portfolio of successful products which have the flexibility to support a wide range of broadcast applications with scalable products designed for highly efficient multichannel transmission as well as complex news and sports television. Installed in more than 70 countries and with proven systems ranging from single up to over 150 cha...