Cerillion plc meaningfully ahead of the consensus market forecast

Cerillion Plc (LON:CER), the billing, charging and customer relationship management software solutions provider, has announced an update on trading for the financial year ended 30 September 2023.

After a very strong first six months, which set new records for revenue and adjusted pre-tax profit, Cerillion entered the second half of the financial year very well-placed, with both a strong back-order book* and buoyant sales pipeline. This positive trading picture has been maintained through the second half, including signing a £15.1 million new contract with an existing customer and completion of a major initial installation for Telesur, as announced in June and July respectively.

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