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PRSM Blue Prism Group Plc

1,274.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blue Prism Group Plc LSE:PRSM London Ordinary Share GB00BYQ0HV16 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,274.00 1,274.00 1,275.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Blue Prism Group PLC Trading Update (4897X)

22/02/2017 7:01am

UK Regulatory


Blue Prism (LSE:PRSM)
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TIDMPRSM

RNS Number : 4897X

Blue Prism Group PLC

22 February 2017

22 February 2017

Blue Prism Group plc

("Blue Prism" or the "Group")

Trading update

Blue Prism (AIM: PRSM), a global leader in Robotic Process Automation ("RPA"), provides an update on trading subsequent to the close of the first quarter of the 2017 financial year (the "Period").

The Board is pleased to report that the positive trading momentum detailed in the Group's full year results for the year ended 31 October 2016 continued into the Period. Blue Prism secured 83 new software deals, of which 49 were new customers and 34 were upsells to existing customers. All new deals were secured indirectly via the Group's channel partners.

Taking into consideration the above trading performance in the first quarter of the current financial year the Board now anticipates revenue for the full year will be materially ahead of existing market expectations.

Alastair Bathgate, CEO of Blue Prism, commented:

"We are pleased to report that the strong momentum we experienced in 2016 has continued into the current financial year. We have a strong pipeline and look forward to the remainder of 2017 with confidence."

For further information please contact:

 
 Blue Prism Group plc        via Newgate Communications 
  Jason Kingdon, Chairman 
  Alastair Bathgate, Chief 
  Executive Officer 
  Gary Johnson, Chief 
  Financial Officer 
 Investec Bank plc           Tel: +44 (0)20 7597 
  Andrew Pinder               4000 
  Sebastian Lawrence 
  Carlton Nelson 
 Newgate Communications      Tel: +44 (0)20 7653 
  Bob Huxford / Adam Lloyd    9850 
  / James Browne 
 

About Blue Prism

Blue Prism Group plc ("Blue Prism" or the "Group"), a UK-headquartered global software company, is a leader in Robotic Process Automation ("RPA"), which enables blue-chip organisations to create a digital workforce powered by Blue Prism's software robots that are trained to automate routine back-office clerical tasks. The Group's enterprise-grade software enables the automation of manual, rules-based, administrative processes to create a more agile, cost effective and accurate back-office.

Blue Prism's RPA software delivers the world's most successful digital workforce and has executed over 1 billion transactions for our customers, which include Aegon, BNY Mellon, Commerzbank, IBM, ING, Maersk, Nokia, Nordea, Procter & Gamble, Raiffeisen Bank, Siemens, Westpac and Zurich. As at 31 October 2016, Blue Prism had 86 employees based out of offices in Newton le Willows and London (UK) and Miami, Chicago, New York and San Francisco (US).

For more information visit www.blueprism.com and follow the company on LinkedIn and Twitter.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTLFFFVFRILFID

(END) Dow Jones Newswires

February 22, 2017 02:01 ET (07:01 GMT)

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