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Cerillion sees revenue ahead of prior year

Monday, 16th April 2018
Cerillion said Monday revenue for the first half is expected to total close to £8.4m, an increase of 12% year-on-year and in line with management expectations supported by an 'exceptionally high' level of software licence sales to existing customers.

EBITDA (earnings) in the first half is expected to be close to £1.4m from £1.5m in the previous year, following the impact of adverse currency movements.

On a constant currency basis, however, the company said it expects EBITDA approximately 13% ahead year-on-year.










At 10:05am: (LON:CER) Cerillion Plc share price was -8p at 148.5p



Story provided by StockMarketWire.com

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