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Proxama Changes Name To Location Sciences As It Refocuses
On Wednesday, Location Sciences said its new management team, which consists of a new chief executive, chief financial officer, chief strategy officer, and new chairman have completed a restructuring of the firm.
Administrative costs were now less than half the level in 2017, after cutting headcount and closing offices, and it can now, it said Wednesday, push ahead with a new strategy of focusing on the "rapidly growing" location data market, and trading so far this year has been in line with expectations.
It set new key performance indicators for 2018, aiming to gather 30 billion data points and an audience of 10 million consumers, and it also aims to monetise two new products.
Shares were flat on Thursday at a price of
Latest PROX News
- Proxama Ready To Move Forward With New Name After Transformation
21 Mar 2018 - Proxama Appoints Kelvin Harrison As New Non-Executive Chairman
16 Feb 2017 - Proxama Wins Cards Deal With South African Financial Services Firm
6 Feb 2017 - Proxama signs 5 yr deal with South African fin services provider
6 Feb 2017 - Proxama to deploy mobile marketing service at shopping centres
21 Dec 2016 - WINNERS & LOSERS SUMMARY: NCC Shares Slide After Profit Warning
13 Dec 2016 - Proxama Revenue Falls But Main Unit To Grow Significantly In 2017 (ALLISS)
13 Dec 2016
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Proxama Changes Name To Location Sciences As It Refocuses
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