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D4T4 Solutions Confident On Making Progress With "Clear Strategy"

Thu, 23rd Aug 2018 11:09

LONDON (Alliance News) - D4T4 Solutions PLC said Thursday it is confident on making progress over the coming months as it believes it has a "clear strategy in place" enabling it to deliver growth.

The data solutions provider also confirmed receiving the payment of GBP19.5 million from a debtor, clearing its balance completely.

Furthermore, Chairman Peter Simmonds added management's focus on higher margin and real-time customer data platform software helped the company be "in good stead" to deliver year-on-year growth.

In his annual general meeting statement, Simmonds said: "We are already seeing encouraging returns from our business investment programme, including improvements to our CRM, accounting, management support and reporting systems.

"We have also invested in our partner-based sales strategy and, during the year, we will continue to scale up these relationships which will deliver further rewards both this year and in the future."

Shares in the company were trading up 4.1% at 179.49 pence each.

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(Sharecast News) - Data solutions firm D4T4 has acquired digital transformation consultancy Prickly Cactus in a deal valued up to £750,000.

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Monday broker round-up

(Sharecast News) - tinyBuild: Berenberg initiates at buy with a target price of 295p.

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IN BRIEF: D4t4 earnings to beat expectations, CEO Kear to retire

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D4T4 Solutions FY profits top expectations on 'strong' H2

(Sharecast News) - Data solutions firm D4T4 Solutions said on Monday that following a "strong second half", full-year group revenues and adjusted pre-tax profits were both expected to be approximately ahead of prior expectations.

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Tuesday broker round-up

(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.

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IN BRIEF: D4T4 reports six contract wins; profit ahead of expectations

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