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ATTRAQT Is On Track For 2015 After Strong First-Half Trading

Mon, 06th Jul 2015 08:10

LONDON (Alliance News) - E-commerce services and technology provider ATTRAQT Group PLC on Monday said it remains on course to meet market expectations for 2015 following strong operational and financial performance in the first half.

The group said it has seen good demand for its Freestyle merchandising platform in the half and signed 23 new clients in the first half, up from 21 a year earlier.

From a financial perspective, the group said it had a particularly strong June, with the value of new client sites increasing by 48% year-on-year in the month and a strong sales pipeline in place for the second half. For the first half, the value of new client sites delivered nearly tripled, it added, while platform usage has increased 57%, based on page impressions, year-on-year.

"I am pleased to report that we continue to trade in line with market expectations and that demand for the ATTRAQT Freestyle Merchandising Platform is growing strongly. We have continued to make excellent progress during the first half of the year, growing sales and expanding our productive capacity, as well as continuing to develop partnerships and extending our technology platform," said Chief Executive André Brown.

Shares in ATTRAQT were untraded on Monday morning, having last traded at 57.05 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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