Clarity Commerce Solutions PLC
18 April 2006
Clarity Commerce Solutions plc
Trading Update - Sales up 14%
Clarity Commerce Solutions plc ('Clarity'), a leading supplier of software
management solutions for the entertainment, ticketing, hospitality and leisure
sectors provides an update to current trading. The update of 3 April 2006
announced that Clarity's adjusted profits for the year ended 31 March 2006 are
expected to be in line with market expectations. Clarity can now report that its
sales revenue for the same year is anticipated to be in excess of £18 million,
an increase of approximately 14% from £15.8 million for the trading year 2004/
05. Revenue from software licenses is estimated to have grown by 23% in the
year, due to some recent contract wins, including the following:
• Continuation of the successful roll-out of the major contract from
Sodexho, announced in October 2005. Sodexho has now installed Clarity's
Hospitality software at high profile installations such as Sandown Park
Racecourse, Corporate Headquarters of Dell Ireland, Glasgow and Edinburgh Royal
Infirmaries, and specialist sites such as The Cabinet War Rooms Museum.
• Clarity's Business Intelligence division, which offers Business
Analytics software and consulting has won over £1 million worth of contracts
from customers that include Vinci plc, the major international engineering and
construction company, and William Grant and Sons Ltd., the makers of Glenfiddich
Scotch Whisky.
Note: Trading figures quoted above in respect of 2005/06 are subject to
confirmation and audit. Clarity expects to release its full year, audited
results for 2005/06 in June of 2006.
Sales Update - Trading year 2006/7 - $1.4 million announcement
Clarity's Ticketing division has a further order and an additional letter of
intent for the supply of automated ticketing machines, plus software and
services, to a total value of $1.4 million, for the EuroPalaces cinema group in
France (owners of the Pathe and Gaumont brands). This will be recognised in the
Fiscal year 2006/07.
18 April 2006
Enquiries:
Clarity Commerce Solutions
Graham York, Chief Executive Officer Tel: 0870 44 44 234
College Hill
Adrian Duffield / Ben Way Tel: 0207 457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
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