The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEckoh Technologies Regulatory News (ECK)

Share Price Information for Eckoh Technologies (ECK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 40.50
Bid: 40.00
Ask: 41.00
Change: -2.00 (-4.71%)
Spread: 1.00 (2.50%)
Open: 42.00
High: 42.00
Low: 38.50
Prev. Close: 42.50
ECK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Trading Update

23 Apr 2013 07:00

RNS Number : 9427C
Eckoh PLC
23 April 2013
 



For Immediate Release 23 April 2013

 

Eckoh plc

("Eckoh" or "the Company")

 

Trading Update

 

Eckoh plc (AIM: ECK), the UK's leading provider of speech recognition and associated payment solutions, provides a trading update for the 12 months ended 31 March 2013 ahead of its full year results to be announced on 11 June 2013.

 

The Company has seen a strong financial performance over the second half of the financial year and continues to experience significant demand for its products. The Company confirms that results for the year ended 31 March 2013 will be in line with market expectations.

 

The 2012/13 financial year has seen a high volume of new clients being secured with the client base growing from 39 clients to 50 during the period. A full year of revenue from these clients along with a very strong sales pipeline is anticipated to see the growth seen in recent years to continue into the periods ahead.

 

Eckoh maintains a strong balance sheet position with a cash balance of £8.5 million as at 31 March 2013 (£6.4m at 31 March 2012). This strong foundation underpins both our progressive dividend policy and the Company's on-going investment in Research and Development projects and new Sales and Marketing initiatives.

 

Against this background, the Board remain confident that the Company's future trading prospects remain strong and set to continue in the medium term. Therefore, and as a sign of confidence in the business, the board expects to recommend a final dividend of 0.25p, an increase of 25% on the previous year.

 

Nik Philpot, Chief Executive Officer of Eckoh, commented:

 

"Eckoh continues to experience significant sales momentum supported by our strong product pedigree and as we begin the new financial year we have developed our strongest ever sales pipeline. We are fast becoming the provider of choice for PCI DSS compliant payment solutions and this is underpinning our sales growth, coupled with the increased breadth of our indirect sales channels this will enable us to target more significant contracts going forward.

 

"The board continues to remain confident in the future growth prospects of the Company."

 

 

Enquiries:

 

Eckoh plc

Nik Philpot, Chief Executive Officer

Adam Moloney, Group Finance Director

www.eckoh.com Tel: 01442 458 300

 

Buchanan

Jeremy Garcia, Gabriella Clinkard Tel: 020 7466 5000

 

N+1 Singer

Shaun Dobson Tel: 020 7496 3000

 

Notes to Editors:

 

About Eckoh plc

Eckoh plc (AIM: ECK) is the UK's leading provider of speech recognition and payment solutions across voice, web and mobile channels. We are a PCI DSS Level One accredited Service Provider, currently processing over £250 million in card payments annually.

 

Eckoh's solutions enable payments, transactions and enquiries to be processed without the caller needing to talk to a contact centre agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex enquiries. Eckoh is the largest provider of such hosted services in the UK.

 

Our secure and resilient infrastructure has the scalability to handle up to 8,000 calls simultaneously, which means that calls will always be answered no matter how unpredictable the circumstances.

 

For more information, visit: www.eckoh.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTSEIFMEFDSESL
Date   Source Headline
23rd Jul 20127:00 amRNSCIMA Contract Win
2nd Jul 201211:34 amRNSDeferred share awards
19th Jun 20127:00 amRNSDirector share dealings and issue of equity
15th Jun 20128:00 amRNSNotification of Major Interests in Shares
13th Jun 20129:48 amRNSFull Year Dividend
12th Jun 20127:00 amRNSFinancial Services Contract Renewal
12th Jun 20127:00 amRNSFinal Results
30th May 20127:00 amRNSEckoh signs Reseller Agreement
17th May 20127:00 amRNSNotification of Preliminary Results
9th May 20127:00 amRNSContract Win
23rd Apr 20127:00 amRNSTrading Update
23rd Apr 20127:00 amRNSNew Contract Win
16th Mar 20127:00 amRNSEckoh disposes of holding in Telecom Express Ltd
24th Jan 20127:00 amRNSContract Win
8th Nov 20117:00 amRNSNew Reseller Agreement With Servebase
8th Nov 20117:00 amRNSInterim Results
27th Oct 20111:00 pmRNSNotification of Major Interest in Shares
19th Oct 20117:00 amRNSNotice of Results
17th Oct 20117:00 amRNSEckoh renews speech recognition agreement with BT
17th Oct 20117:00 amRNSContract Extension with Addison Lee
12th Oct 201112:56 pmRNSTransport Organisation to implement EckohASSIST
28th Sep 201110:35 amRNSResult of AGM
28th Sep 20117:00 amRNSAGM Trading and Business update
26th Sep 20111:41 pmRNSNotification of Major Interest In Shares
26th Sep 20118:49 amRNSNotice of Interest in Shares
19th Sep 20117:00 amRNSContract Win
25th Aug 20112:15 pmRNSAnnual Report and Accounts and Notice of AGM
24th Aug 20113:46 pmRNSTR-1: Notification of major interest in shares
24th Aug 20113:26 pmRNSDirector Dealing
24th Aug 20117:00 amRNSContract Win
8th Aug 20117:00 amRNSContract Win
30th Jun 201110:01 amRNSNotification of Major Interest in Shares
23rd Jun 20112:36 pmRNSDeferred share awards
6th Jun 201112:04 pmRNSREPLACEMENT - Preliminary Results
6th Jun 20117:00 amRNSEckoh appointed by NIE Energy
6th Jun 20117:00 amRNSPreliminary Results
10th May 20117:00 amRNSNotification of Preliminary Results
20th Apr 20117:00 amRNSEckoh achieves contract renewal with O2
18th Apr 20117:00 amRNSTrading Update
21st Mar 20117:00 amRNSEckoh expands contract with Utilita Group
18th Mar 20113:27 pmRNSNotification of Interest
16th Mar 20114:27 pmRNSNotification of Interest
28th Feb 201111:33 amRNSDirectors' Dealings and Grant of Awards
28th Jan 20113:52 pmRNSNotification of Interest
28th Jan 20113:32 pmRNSNotification of Interest
27th Jan 20113:49 pmRNSNotification of Interest
17th Jan 201110:03 amRNSHolding(s) in Company
14th Jan 20117:00 amRNSDirector/PDMR Shareholding
22nd Dec 20107:00 amRNSEckoh secures contract for Premier Inn
14th Dec 20105:53 pmRNSNotification of Interest

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.