StockMarketWire.com - Customer engagement solutions provider Netcall said it expected to post 5% growth in adjusted first-half earnings, on the back of higher contract values.

Adjusted earnings before interest, tax, depreciation and amortisation for the six months through December was seen rising to £2.1m, up from £2.0m on-year.

Revenue was expected to grow 8% to £12.3m with contract values up 9% to £16.6m.

Cash at the end of December was £6.5m, down from £7.8m a year earlier.

'Netcall delivered a solid performance in the first half of the year, driven by double-digit growth in cloud ACV as we continue the transition to a growing digital cloud business,' chief executive Henrik Bang said.

'In addition, we saw increased revenue from product sales and professional services, reflecting a broad demand for our solutions.'

'We are currently trading in line with our full year expectations, underpinned by our key sales metrics and a solid pipeline.'




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