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ESG Eservglobal Limited

5.45
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eservglobal Limited LSE:ESG London Ordinary Share AU000000ESV3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.45 5.40 5.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

First Half Outlook Revised

08/02/2006 9:33am

UK Regulatory


RNS Number:0879Y
eServGlobal Limited
08 February 2006

eServGlobal Revises First Half Outlook.

Sydney 8 February, 2006

eServGlobal Limited (LSE: ESG & ASX: ESV), a worldwide supplier of independent
and flexible telecommunications Value Added Services for Messaging and Charging
solutions, today announced a revised sales outlook for the half year ending 31
Dec, 2005.

A long standing customer in Indonesia deferred late today what it had previously
advised was a commitment to large incremental IN system capacity, which was
included in our earlier First Half Outlook.

Our first half accounts are still being finalised and the audit not yet
completed, but group revenue for the half is now expected to total A$32million,
compared to A$35million foreshadowed on 21 December, 2005.  The figure for the
corresponding period of the previous year was A$17.446millon.

With this change, the first half EBITDA (Earnings Before Interest, Taxation,
Depreciation, Amortisation) is now expected to be about A$1.3million (excluding
costs associated with the acquisition of Ferma SA).

eServGlobal's Executive Chairman, Mr Ian Buddery, said, "It is disappointing to
announce this variation but in our business highly respected long-term customers
occasionally change or defer their commitments. We believe that a cautious
approach to revenue recognition is necessary at all times.  Based on all of the
information available to us at this time, we expect that the situation with the
project in Indonesia will be resolved within our second half and we are
confident of achieving a strong full year result."



About eServGlobal

eServGlobal (LSE: ESG & ASX:ESV) is an international software and professional
services company providing telecom service intelligence solutions, using a
network-independent, open & convergent architecture.



eServGlobal offers a full suite of network services, pre-paid mobile re-charge
solutions, end-to-end messaging, NGN (Next Generation Network) services and
real-time convergent charging & billing for all voice & data services.  These
solutions help telecommunications carriers increase revenue whilst reducing
operating costs and billing every call and message accurately.



eServGlobal's software provides an advanced, scalable and open-standards based
services environment for voice and data, which is suitable for fixed-line and
mobile networks, both circuit and packet switched.



Over 120 million people, across 50 countries, rely on eServGlobal systems for
their telecommunications services.



More information can be found at: http://www.eservglobal.com



Ian Buddery
Executive Chairman
eServGlobal Limited

e-mail: info@eservglobal.com
phone:  +61 2 9364 2700


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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