Trading Update

RNS Number : 0089V

Gresham Computing PLC

05 January 2012

 



5 January 2012

Gresham Computing plc

Trading Update

Gresham Computing plc, the specialist provider of software based solutions that enable customers to achieve real-time financial certainty in transaction and cash management, is pleased to provide the following trading update for the year ended 31 December 2011. 

The improvement in trading reported for the first three quarters of 2011 has continued through to 31 December 2011, with stronger trading in the fourth quarter.  As a result, revenue, earnings and year end cash (at 31 December 2011) are expected to be ahead of prior market expectations.

As outlined in our announcement of 22 December 2011, the order book and pipeline of new business for delivery in 2012 is strong.

For further information please contact:

Gresham Computing plc Chris Errington, CEO Rob Grubb, CFO	[phone]
Singer Capital Markets Ltd Shaun Dobson, Partner and Head of Corporate Finance James Maxwell, Director of Corporate Finance	[phone]

 

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