Share Price.com
Market Update Economic Events Directors Deals Commodities Prices News Market Movers

Toople gross profit rises amid new customer wins

Friday, 22nd March 2019
Small business telecom services provider Toople said its gross profit continued to improve 'substantially' after it signed up new customers in December and January.

Operating earnings, meanwhile, remained 'largely similar' to last year, chairman Richard Horsman said in speech notes for the company's annual general meeting.

'December is typically a month where SMEs do not change their service providers, however we experienced a strong month in December 2018 with a large number of new customer signups in excess of 300% when compared to December 2017,' he added.

'2019 has started in a similar fashion with January being another record month in terms of net customer contracts won (242% of January 2018 level) and February (243% of February 2018 level) showing significant progress in our key metrics when compared to last year.'




Story provided by StockMarketWire.com

Related Shares: Toople Plc

Share Search
Share Search Share Search

Visit the Share Search.
Share Search

Share News
Share News



SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is, free of charge. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. UK data supplied by NBTrader and Digital Look. Share Prices are at least 15 minutes delayed.