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Results Commentary

30 Jun 2016 07:00

RNS Number : 7269C
eServGlobal Limited
30 June 2016
 

eServGlobal Limited (eServGlobal or the "Company")

Results Commentary

Paris: 30 June 2016

 

eServGlobal (LSE: ESG.L & ASX: ESV.AX), the provider of end-to-end mobile financial services to emerging markets, released its half year results for the six month period ended 30 April 2016 today.

 

John Conoley, Executive Chairman, eServGlobal, said "The first half outturn is as previously communicated in our recent circular. We confirmed in the recent Trading Update that the Company had begun to recover with significant orders received. I am pleased to report that the recovery in order flow has continued in the first 2 months of H2. Allied to the continued downward pressure on costs we can reiterate our recent statement that we are on track to achieve a small positive EBITDA for full financial year 2016."

 

 

About eServGlobal

eServGlobal (AIM:ESG, ASX:ESV) offers mobile money solutions which put feature-rich services at the fingertips of users worldwide, covering the full spectrum of mobile financial services, mobile wallet, mobile commerce, recharge, promotions and agent management.

 

For more than 30 years, eServGlobal has been a source of innovation for telcos and financial institutions. Using carrier-grade, next-generation technology, eServGlobal aligns with the requirements of customers around the globe.

 

Together with MasterCard and BICS, eServGlobal is a joint venture partner of the HomeSend global payment hub, enabling cross-border money transfer between mobile wallets, cards, bank accounts or cash outlets from anywhere in the world.

 

For further information, please contact:

eServGlobal

www.eservglobal.com

Tom Rowe, Company Secretary

T: +61 (0)2 8014 5050

finnCap Limited (Nomad and Broker)Jonny Franklin-Adams / Carl Holmes

www.finnCap.comT: +44 (0) 20 7220 0500

Alma PR (Financial Public Relations)

Hilary Buchanan / John Coles / Josh Royston

 

www.almapr.co.uk

T: +44 (0) 208 004 4218

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCZMGFVMGDGVZG
Date   Source Headline
25th Apr 20147:00 amRNSChange to Executive Director Remuneration
3rd Apr 201411:04 amRNSClosing of HomeSend JV
31st Mar 20141:45 pmRNSNotification of Major Interest in Shares
27th Mar 20147:02 amRNSMoneyGram to connect to the HomeSend Hub
26th Mar 20147:01 amRNSResult of AGM
26th Mar 20147:00 amRNSAGM Statement
12th Mar 20147:00 amRNSAdditional Resolution for AGM
5th Mar 20147:00 amRNSeServGlobal & MNepal to offer MFS in Nepal
3rd Mar 20147:00 amRNSDirectorate Change
26th Feb 20147:00 amRNSAnnual Financial Report
20th Feb 20147:00 amRNSNotice of AGM
19th Feb 20147:09 amRNSeServGlobal & BDCOM sign MoU in Bangladesh
7th Feb 20147:00 amRNSeServGlobal to showcase solutions at MWC
4th Feb 20147:00 amRNSProposed change of Chairman
31st Jan 20147:00 amRNSFull Year Financial Accounts
28th Jan 20147:00 amRNSeServGlobal Annual General Meeting
28th Jan 20147:00 amRNSeServGlobal Investor Presentation
30th Dec 20137:00 amRNSDirectorate Change, Change of Director Interests
30th Dec 20137:00 amRNSAppendix 3B
30th Dec 20137:00 amRNSNotice under Section 708A(5)(e) Corporations Act
23rd Dec 20137:00 amRNSAgreement to Issue Shares
19th Dec 20137:00 amRNSPreliminary Results and Appendix 4E
19th Dec 20137:00 amRNSMasterCard, eServGlobal, BICS create remittance JV
26th Nov 20131:06 pmRNSeServGlobal Investor Presentation
7th Nov 20137:00 amRNSHomeSend announces new hub member, M Lhuillier
8th Oct 20137:00 amRNSHomeSend announces new hub member Brastel Remit
4th Oct 201312:49 pmRNSEmployee Share Options Plan Update
17th Sep 20137:00 amRNSeServGlobal announces project with Indosat
5th Sep 20137:00 amRNSEmployee Share Option Plan Update
2nd Sep 20137:00 amRNSHomeSend announces Merchantrade to join hub
8th Aug 20137:00 amRNSChange in interests of Substantial Shareholder
5th Aug 20137:00 amRNSeServGlobal and Zain Group to bring mobile money
16th Jul 20137:00 amRNSIssue of Employee Share Options (Replacement)
9th Jul 20137:00 amRNSHomeSend launches services to Telesom
8th Jul 201311:54 amRNSH1 FY13 Results Investor Presentation
1st Jul 20137:00 amRNSIssue of Employee Share Options
28th Jun 20137:00 amRNSeServGlobal Half Yearly Report
20th Jun 20137:00 amRNSChange in interests of substantial shareholder
1st May 20137:00 amRNSHomeSend announces new corridor with PostFinance
30th Apr 20137:00 amRNSDirectorate Change - ASX Appendix 3X
30th Apr 20137:00 amRNSDirectorate Change - ASX Appendix 3X
30th Apr 20137:00 amRNSeServGlobal Director Change and CEO Appointment
30th Apr 20137:00 amRNSDirectorate Change - ASX Appendix 3Z
30th Apr 20137:00 amRNSDirectorate Change - ASX Appendix 3X
30th Apr 20137:00 amRNSDirectorate Change - ASX Appendix 3X
30th Apr 20137:00 amRNSeServGlobal to provide mobile money to major group
26th Mar 20137:00 amRNSFinal Director's Interest Notice - Appendix 3Z
22nd Mar 20137:00 amRNSResult of AGM
22nd Mar 20137:00 amRNSAGM Statement and Management Change
27th Feb 20137:00 amRNSHomeSend money transfer agreement with WorldRemit

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