Cerillion posts record profits as CEO hails strong markets

Software giant Cerillion reported record full-year profits and revenues this morning amid an “extremely favourable” market backdrop.

The London-listed firm, which sells billing, charging and customer relations software to major communications providers, saw pre-tax profits rise 41 per cent in the 12 months to October, to a high of £16.8m.

Revenues jumped by a fifth to a record £39.2m, which Cerillion said was driven by “strong demand” from existing customers and “major new customer implementations.”

Cerillion plc (LON:CER) is a leading provider of billing, charging and customer management systems with more than 20 years’ experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors.

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