Netcall Share News (NET)

(Sharecast News) - Netcall said in an update on Wednesday that trading in the first half of its 2025-2026 financial year had remained positive and in line with management expectations, citing continued demand for its Liberty cloud platform and growing adoption of automation and artificial intelligence capabilities.

Speaking at the company's annual general meeting, chair Henrik Bang said momentum had carried over into the new financial year as organisations increasingly shift towards unified cloud-based platforms.

"We are pleased to confirm that positive momentum has continued in the first half of 2026, and trading is in line with management's expectations," he said, adding that demand for Liberty was "driving ACV growth and supporting recurring revenue visibility".

Bang said the completion of Netcall's cloud investment programme had positioned the group to benefit from the ongoing industry-wide migration to cloud subscriptions, alongside increased take-up of AI features and upgraded modules by existing customers.

He added that "new business remains healthy across our core sectors", with new-logo sign-ups running ahead of last year and continued growth from cross-sales and customer migrations.

The company highlighted recent public-sector contract wins, including Lancashire County Council and North Yorkshire Council, and said it continued to pursue its acquisition strategy.

Bang said the recent acquisition of Jadu had expanded Netcall's reach across UK local authorities "from one in three to one in two UK councils" and added accessibility-focused digital experience and AI capabilities to the group.

"With a strong pipeline, robust balance sheet and clear momentum from increased cloud and automation sales, we remain confident of continued progress in 2026," Bang said.

At the close on Wednesday, shares in Netcall were up 1.37% at 111p.

Reporting by Josh White for Sharecast.com.