Trading Update

eg solutions plc (AIM: EGS), the back office optimisation software group, announces the following trading update:

The Board maintains its expected adjusted profit guidance for the full year to 31 January 2017 with large deal developments with channel partners and customers continuing to progress positively. Due to the timing of the commencement of discussions, this will mean that the first half trading performance and cash generation will be lower than previously anticipated, but we expect this to be offset by a stronger trading performance in the second half of the year.

We have continued to drive the investment programme started last year and remain committed to developing our sales and marketing capability and investing in our product to deliver on the clear and substantial market opportunity. 

 CONTACTS

 eg solutions plc +44 (0)1785 715 772
Elizabeth Gooch, Chief Executive Officer www.egsplc.com
Redleaf Communications +44 (0)20 7382 4730
Rebecca Sanders-HewettDavid IsonSusie Hudson egsolutions@redleafpr.com
 finnCap  + 44(0)20 7220 0500
Julian Blunt or Emily Watts (corporate finance)Tony Quirke (corporate broking)

About eg solutions plc 

eg solutions is a back office workforce optimisation software Group. eg pioneered this new market space and developed the most complete, purpose built workforce optimisation software for back offices – the only solution that manages work, people and end-to-end processes wherever they are undertaken, anywhere in the world.

Our software is now used by leading UK, international and global companies in multiple industry sectors including financial services, healthcare and utilities.

Using our forecasting, scheduling, real-time work management and operational analytics capabilities, we deliver measureable improvements in service, quality, productivity and regulatory compliance.  When supported by our implementation and training services we guarantee return on investment in short timescales.

Regardless of who is serving the customer – call centre, back offices, branches or the field – our solutions provide true insight into the full customer service process and promote world-class operational management capability.

The Group is listed on AIM, the London Stock Exchange’s international market for smaller growing companies (EGS).

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