register free | resend password


Cerillion hits new highs with record financial year

ID: 1554190
recent pressrelease next pressrelease


(businesspress24) - London, 25th November 2019 – Cerillion (AIM: CER), an innovator in digital monetisation and customer management solutions, today announced its audited results for a record year across all key financial performance measures, with revenue up 8% to £18.8m, adjusted EBITDA up by 16% to £4.6m and new orders up 78% to £23.3m for the financial year ending 30th September 2019.

Now in its fourth year as a publicly quoted company, Cerillion has continued to win major new clients around the world, signing four substantial BSS/OSS transformation contracts with communications services providers (CSPs) in the US, Europe and Asia Pacific during the financial year, as well as experiencing strong demand and expansion within its existing customer base. Further success has followed at the start of the new financial year with a standalone convergent charging contract already signed with a large MVNE in South Africa, underlining the company’s global delivery capability and the versatility of its pre-integrated Enterprise BSS/OSS product suite.

During the year, Cerillion also went live with its first 5G customer, putting the company at the forefront of the latest wave of telecoms technology change which is driving further BSS/OSS investments and digital transformation projects.

“Our pre-integrated product suite continues to prove very attractive to CSPs due to its end-to-end business process support and modular deployment options,” commented Louis Hall, CEO, Cerillion. “This has translated into major new contracts and helped us to deliver a strong performance with revenue, earnings and new orders all achieving record highs. I am delighted with the progress we have made this year.”

To view the full results, please visit: https://polaris.brighterir.com/public/cerillion/news/rns/story/rg62zjx



More information:
http://https://www.realwire.com/releases/Cerillion-hits-new-highs-with-record-financial-year



Keywords (optional):

cerillion, csps, financial-year,



Company information / Profile:

PressRelease by

published by: RealWire
print pressrelease  pressrelease as PDF  send to a friend  

Date: 11/25/2019 - 12:19
Language: English
News-ID 1554190
Character count: 1874
Kontakt-Informationen:
Firma: RealWire
Ansprechpartner: Courtney Dean Feedback to businesspress24.com about Pressrelease-id:
Stadt: Lincoln
Telefon: 01522 883 640

Meldungsart: bitte
Versandart: Veröffentlichung

Number of hits: 227

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 438
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 54


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.

Categories:


[ more PressReleases ][ RSS-Feed ]