Cerillion (GB:CER) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Cerillion plc has reported a record financial performance for the year ending 30 September 2024, with revenue rising by 12% to £43.8 million and adjusted profit before tax increasing by 18% to £19.8 million. This growth was driven by significant new customer wins, including contracts with Virgin Media Ireland and a leading Southern African connectivity provider, alongside strong demand from existing customers. Cerillion’s promising sales pipeline and strategic investments in their operations position them well for continued growth in the coming financial year.
For further insights into GB:CER stock, check out TipRanks’ Stock Analysis page.