Accesso H1 revenues ahead of revised expectations

(Sharecast News) - Technology solutions provider Accesso said on Thursday it had delivered first-half revenues of $24.6m, ahead of revised expectations.
Accesso said its performance was a result of an uptick in customer venue re-openings following the first easing of Covid-19 restrictions across Europe and North America.

The AIM-listed group added that in the second half it had continued to benefit from increased activity through late summer and early autumn at customer venues, albeit with reduced capacity at many venues.

"This sustained level of demand in key markets and continued customer engagement with the range of Accesso solutions now gives the group reason to expect full-year 2020 revenue will be comfortably ahead of its previous guidance of not less than $48.0m," said Accesso.

"The group enters 2021 with a resilient financial position and strong, durable customer relationships. This provides it with a solid footing on which to work through the balance of risk and opportunity 2021 presents."

As of 1105 GMT, Accesso shares were up 6.67% at 392.0p.