Ideagen Plc Releases A Trading update

  • Nov 13, 2019 GMT
  • Team Kalkine
  • For the six-month period ended 31 October 2019, revenue and EBITDA are expected to surpass those in the corresponding prior-year period.
  • The company’s annual recurring revenues have grown by 20% to £9 million as at the end of the period from £36.4 million as on 30 April 2019.
  • Total growth in organic revenues was 7% for the period under consideration.
  • On 13th November 2019, IDEA shares were trading at GBX 154.50 at GMT 10:34 AM, up 3.50 points or 2.32% from the previous day’s closing price level.

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