EU Supply Launches New Service, Wins New Contracts

LONDON (Alliance News) - E-procurement software company EU Supply PLC on Tuesday said revenue in the first half of its financial year is in line with its expectations and it has recently launched a new service and has won new contracts.

The company said it has launched a pre-paid business alert service on its platforms, adding the initial take-up of the service looks encouraging.

It also said it has won several smaller and mid-sized contracts in the Nordic region, in both the public and private sectors. It did not name any customers nor provide any financial details on the contracts.

Shares in the company were untraded Tuesday, having last traded at 12.10 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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