1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

 63.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 65.00
  • 52 Week Low: 45.50
  • Currency: UK Pounds
  • Shares Issued: 110.84m
  • Volume: 46,273
  • Market Cap: £69.83m
  • RiskGrade: 299
  • Beta: 0.01

Northern Gas Networks awards 'significant contract' to 1Spatial

By Josh White

Date: Monday 11 Sep 2017

LONDON (ShareCast) - (ShareCast News) - Geospatial specialist 1Spatial announced on Monday that, following a formal competitive tender process, it has been awarded a "significant contract" with Northern Gas Networks for an initial three year period, with an option to extend the contract for a further three years.
The AIM-traded firm said that under the contract, 1Spatial would provide a 'Smart Work' asset management system which would support Northern Gas Networks' back office business functions to help deliver efficiencies.

It said Northern Gas Networks distributes gas to 2.7 million homes and businesses, representing around 6.7 million individuals and covering an area of urban and rural land totaling 25,000square kilometres.

Through the use of technology, consultancy and working in collaboration with 1Spatial, the board said the project would achieve greater efficiency in work management and data capture across the Northern Gas Network business and supply chain.

Some of the key areas the solution would address and improve would include new gas connections, reactive and planned maintenance and emergency repair activities.

"We [are] delighted to be awarded this contract with Northern Gas Networks following a formal tender process," said 1Spatial acting CEO Claire Milverton.

"The utility sector is a growing market for 1Spatial where our expertise and solutions allow us to provide innovative solutions to businesses both in the UK and internationally to drive efficiency.

"We are pleased Northern Gas Networks has elected to use our innovative solutions and look forward to building a strong working relationship with them going forward."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

1Spatial Market Data

Currency UK Pounds
Share Price 63.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 65.00
52 Week Low 45.50
Volume 46,273
Shares Issued 110.84m
Market Cap £69.83m
Beta 0.01
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.7% below the market average91.7% below the market average91.7% below the market average91.7% below the market average91.7% below the market average
85.37% below the sector average85.37% below the sector average85.37% below the sector average85.37% below the sector average85.37% below the sector average
Price Trend
88.25% above the market average88.25% above the market average88.25% above the market average88.25% above the market average88.25% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Income Not Available
Growth
56.22% above the market average56.22% above the market average56.22% above the market average56.22% above the market average56.22% above the market average
50.59% above the sector average50.59% above the sector average50.59% above the sector average50.59% above the sector average50.59% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

1Spatial Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:01 857 @ 63.82p
15:00 750 @ 64.99p
14:56 3 @ 64.99p
14:56 10,000 @ 65.00p
14:48 307 @ 64.96p

1Spatial Key Personnel

CEO Claire Milverton
CFO Stuart William Ritchie

Top of Page