StockMarketWire.com - Recruitment software supplier Dillistone Group said it had won a three-year contract renewal with a 'globally known' recruitment organisation.
The contract represented, by value, the largest in the history of the company. It didn't disclose a contract value.
Dillistone also said its GatedTalent division had generated a greater proportion of subscription-based revenue than expected, increasing the company's ability to 'deliver sustainable higher quality earnings'.
The division, however, was still expected to be loss-making in 2019, though the company said it now expected it would become cash generative in the final quarter of 2019.
At 2:40pm: [LON:DSG] Dillistone Group PLC share price was +12p at 54.5p
Story provided by StockMarketWire.com
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