Toople PLC - Letchworth Garden City, England-based telecom services for small and medium enterprises - Secures a number of new contract wins during September, including five major new deals to provide leased line services. The new contracts are all to UK businesses with a minimum contract length of either three or five years, with Toople delivering high-speed internet access to new sites. The contracts are with firms from a range of industries including construction and oil and gas, Toople says.
Toople had robust order intake during September, which has proved to be one of its strongest order intake months in financial year 2021, it says.
"As the economy starts to return, as far as possible, to its pre pandemic state, momentum at Toople continues to build and we have ended our financial year with one of our best months for order intake across all our main product lines," comments Chief Executive Andy Hollingworth.
Current stock price: 0.054p, up 2.9% Wednesday
Year-to-date change: down 40%
By Will Paige; willpaige@alliancenews.com
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Toople Plc (TOOP)