Netcall PLC Trading Update (6608E)

TIDMNET

RNS Number : 6608E

Netcall PLC

20 July 2016

20 July 2016

NETCALL PLC

("Netcall", the "Company", or the "Group")

Trading Update

Netcall plc (AIM: NET), a leading customer engagement software provider, today announces that final results for the 12 months ended 30 June 2016 are expected to be in line with market expectations.

The year has been characterised by double-digit growth in order inflow, with an increased share of the sales mix coming from SaaS-based contracts. The growing proportion of SaaS-based contracts increases the revenue visibility of the Group, by adding to the recurring revenue base in future periods.

The Group has a robust cash position, maintaining its debt free balance sheet and being strongly cash generative at the operational level. At 30 June 2016 the net cash balance was GBP14.1m (31 Dec 2015: GBP15.2m), following payment of the first enhanced dividend and ordinary dividend, comprising GBP3.01m in total, in line with the Board's dividend strategy.

Henrik Bang, CEO of Netcall commented: "This has been a year of strong sales order bookings for the Group. As anticipated, we are seeing an increasing proportion of new sales orders for SaaS-based contracts which further enhances our financial visibility into future years. We are pleased with the development of the business and believe we are well positioned for the future."

For further enquiries, please contact:

 
 Netcall plc                          Tel. +44 (0) 
                                       330 333 6100 
 Henrik Bang, CEO 
  Michael Jackson, Chairman 
  James Ormondroyd, Group Finance 
  Director 
 
 finnCap Limited (Nominated Adviser    Tel. +44 (0) 
  and Broker)                          20 7220 0500 
 Stuart Andrews / James Thompson, 
  Corporate Finance 
 Tim Redfern, Corporate Broking 
 
 Alma PR                               Tel. +44 (0) 
                                       20 8004 4218 
 Caroline Forde / Hilary Buchanan 
  / Josh Royston 
 

About Netcall plc

Netcall's software product suite provides end-to-end customer engagement solutions, incorporating multi-channel contact centre, workforce optimisation, business process management and case management. The Netcall software platform helps organisations meet the growing demands of their customers and prospects whilst improving internal efficiencies, thereby increasing profitability and customer satisfaction.

Netcall's customer base contains over 700 organisations in both the private and public sectors. These include two thirds of the NHS Acute Health Trusts, major telecoms operators such as BT and leading organisations including Interflora, Lloyds Banking Group, Cineworld, Axa, and British Sugar.

For further information, please consult the Netcall website: www.netcall.com.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTDKLFFQDFLBBB

(END) Dow Jones Newswires

July 20, 2016 02:00 ET (06:00 GMT)