Cerillion, a provider of billing, charging and customer relationship management software has provided a trading update for the financial year to 30 September 2016.
Results for the full year are expected to be in line with market expectations after continuing encouraging progress in the second half.
Revenues and EBITDA for the year are expected to show respective increases of 6% to £14.8m and 8% to £3.1m. The performance in the second half was underpinned by the company’s claimed strong back order book for its core enterprise billing and CRM platform.
Cerillion said this includes a new customer win in the EMEA region, as announced on 11 July. That contract is with a 4G/LTE operator in the EMEA region and is worth an initial £2.1 million. The contract is for the licence, implementation and ongoing support of the company’s enterprise CRM and billing solution, including its convergent charging suite.
