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Notice of Interim Results Date and Business Update

6 Sep 2018 07:00

RNS Number : 9046Z
Maistro PLC
06 September 2018
 

Maistro plc

(the "Company")

Notice of Interim Results Date and Business Update

Maistro Plc (AIM: MAIS), the PaaS (Procurement as a Service) specialist company, will announce results for the six months ended 30 June 2018 on Thursday 27th September 2018.

Maistro's 2018 first half revenue is expected to exceed 2017 full year revenue contributing to increasing management confidence that this trend will accelerate into 2019 and beyond. Gross margin performance also continues its upward trajectory. The company is pleased with the continued rate of repeat business in its core multinational enterprise customer base together with an increase in project size and commensurate revenue. 

 

Laurence Cook (CEO) said "We have made significant progress in the last 12 months and it is good to see our customer base growing and challenging us to deliver across multiple geographies which is in turn further integrating Maistro into the procurement strategy of these global enterprises. We are looking forward with confidence as we roll out to our new customers whilst continuing to increase our share of business within existing enterprise customers.

 

For further information, please contact:

Maistro plc

investors@maistro.com

Richard Croft

Tel: + 44 (0) 20 7693 9544

N+1 Singer (Nominated Adviser & Broker)

Shaun Dobson

Tel: +44 (0) 20 7496 3000

James White

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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