ActiveOps sees 'strong momentum' in new business wins
By Iain Gilbert
Date: Wednesday 05 Feb 2025
(Sharecast News) - Software provider ActiveOps said on Wednesday that it has seen "strong momentum" in new business wins so far in H2, supporting "a continued positive trading performance".
ActiveOps said six new customers have been signed so far in H225, bringing total new logos won in FY25 to nine, versus just three in FY24.
The AIM-listed group stated the initial scope of the new contracts supports existing consensus market expectations and noted that each of the contracts has further "exciting global expansion potential".
Executive chairman Richard Jeffery said: "These wins, alongside our sustained expansion performance, are a clear example of the need for our solutions as large enterprises continue to invest in technologies that boost efficiency and improve employee satisfaction.
"While enterprise sales cycles remain elongated, our performance so far this financial year gives us confidence that the strategic decisions we have taken to invest in our product, positioning and sales teams mean we are well placed to continue to build on our achievements."
As of 1035 GMT, ActiveOps shares were up 1.92% at 106.00p.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN