Attraqt sees revenue and earnings grow in line with expectations
Software-as-a-Service platform provider Attraqt Group told investors on Wednesday that both full-year revenues and adjusted underlying earnings for the year ended 31st December 2019 were expected to show growth in line with expectations.
Attraqt also said its increased focus on multi-year contract renewals was "delivering results", with the group signing 21 multi-year contracts, as well as a number of new contracts with well-known brands in the year - including its first customer in China.
"These commitments are a further illustration that our technology is becoming increasingly integral to the world's best online brands and underline the momentum in the business," said Attraqt.
The AIM-listed group also stated research and development activity in 2020 would be focused on delivering "a fully-unified product and customer experience" - a move it expects to have a positive impact on new bookings performance into the second half of 2020 and beyond.
Attraqt expects to announce its annual results on 4 March.
As of 0835 GMT, Attraqt shares were down 0.28% at 35.40p.