Netcall Share News (NET)

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Share Price Information for Netcall (NET)

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121.00 -3.00 (-2.42%)

Bid:

120.00

Ask:

122.00

Spread: 2.00 (1.667%)

Market Cap: £206.42m

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Netcall reports good progress in recent months

Wed, 18th Jul 2012 10:43

Netcall, a customer engagement software provider, has reported continued strong trading throughout May and June, with a solid order inflow from new and existing customers. The company expects the final outcome of the year ended June 30th to be in line with market expectations, with its cash postion signficantly higher at £8.5m compared to £5.9m at the same date last year. Henrik Bang, Chief Executive Officer of Netcall said: "The continued strong trading in the second half of the year demonstrates the robustness of the group's enlarged offering which has delivered solid growth in earnings before interest, tax, depreciation and amortisation (EBITDA) and operational cash flow. The company's enlarged product portfolio has been very well received, as reflected in the increased order inflow, including a significant increase in cross-sales. With a healthy pipeline and balance sheet Netcall is well positioned for further development in the year ahead."The share price rose 3.77% to 27.50p by 10:46.NR