StockMarketWire.com - Access Intelligence said Tuesday, annual contract value increase 12.7% in the six months through June compared to same period a year ago, helping revenues jump 10.3%.

For the six months ended 31 May 2018, annual contract value rose 12.7% to £8.9m from £7.9m, revenues increased 10.3% to £4.35m from £3.94m, and earnings (EBITDA) loss from continuing operations was reduced to £0.28m from £0.87m.

The upbeat first-half performance was supported by key client wins including Carlsberg, Dyson, The Football Association, Honda and Qatar Airways.

Gross profit from continuing operations increased by 12% year-on-year to £2.83m, while gross margin was 65%, up from 64%.

The group increased its investment in the Vuelio platform as demand for the platform continued.

'More and more communicators want to use the Vuelio platform to gain workflow efficiencies and ensure they get essential intelligence and information from all sectors, including the media, social media and public affairs,' said Michael Jackson, non-executive Chairman.

Trading performance continued in line with the board's expectations for the current financial year, the company said.


At 9:50am: [LON:ACC] Access Intelligence PLC share price was +0.2p at 5.3p



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