21st September 2016 Investor Research

eg Solutions looking forward to a productive second half after contract wins.

Elizabeth Gooch, chief executive at eg Solutions (LON:EGS) discusses interim results with Proactive Investors after the back office software specialist reported a drop in first half results.

“Traditionally we would see revenue generation of about 45% in H1, 55% in H2. This year is a lot more skewed than that but were are used to a quieter start to the year” she explained, adding Brexit had been a negative factor.

“We are looking forward to a much more productive H2 after the company won new contracts,” she said, including “a landmark deal with a leading social network corporation” she pointed out.

“The outlook for H2 is even busier than we already are ” she concluded.