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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Proactis Holdings Plc | LSE:PHD | London | Ordinary Share | GB00B13GSS58 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 74.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMPHD
RNS Number : 6815N
PROACTIS Holdings PLC
22 May 2020
22 May 2020
Proactis Holdings PLC
Performance Update
Proactis Holdings PLC ("Proactis", the "Group" or the "Company"), the business spend management solution provider, is pleased to announce that the Group has signed new contracts with a total contract value of GBP11.3m cumulatively in the year to date, which equals the equivalent performance for the whole of the prior financial year.
This improved new business performance has been driven by the Group's refreshed go-to-market strategy and, in tandem with improved retention performance, annual recurring revenue from the Group's buyer subscription business has returned to organic growth for the year to date.
The Group continues to carefully monitor the developments with respect to the COVID-19 outbreak and is not immune from its impact, particularly with regard to its supplier-paid business and its implementation services. However, at this stage, the Group's business model as a whole is proving resilient.
For further information, please contact:
Proactis Holdings PLC 01937 545070 Tim Sykes, Chief Executive Officer investorcontact@proactis.com finnCap Ltd Stuart Andrews/Carl Holmes/Matthew Radley - Corporate Finance Andrew Burdis/Richard Chambers - ECM 0207 220 0500 Alma PR 020 3405 0205 Rebecca Sanders-Hewett, Sam Modlin, David Ison Proactis@almapr.co.uk
N otes to Editors:
Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure. Its solutions are used in over 1,000 buying organisations internationally from the commercial, public and not-for-profit sectors.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
May 22, 2020 02:00 ET (06:00 GMT)
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