StockMarketWire.com - Secure payment provider Eckoh said trading for the fiscal year ended March was in line with market expectations as revenues, margin and profit grew.

The firm's US secure payments order book grew as new contract wins totalled $9.3m in the 12-month period, up from $8.3m. US secure payments revenues more than doubled during the period, the firm said.

The firm said it won significantly more contracts in the UK in the second half of the financial year than in the first amid a restructured UK sales function and renewed focus on larger, more strategic accounts.

New European regulations are expected to boost the firm's pipeline of opportunities.

'We expect the introduction of European GDPR from 25 May 2018 to present further opportunities for Eckoh, as US organisations as well as those in the UK seek to comply with EU consumer data regulations,' Eckoh said.


At 9:45am: [LON:ECK] Eckoh PLC share price was -0.75p at 42.75p



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