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Cerillion Banks Record Omantel Deal as Second-Half Growth Set to Accelerate

Story Highlights
  • Cerillion secured a record £42.5m Omantel contract, strengthening its telecoms software footprint.
  • First-half revenue and EBITDA declined on timing effects, but doubled orders and strong cash support full-year targets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cerillion Banks Record Omantel Deal as Second-Half Growth Set to Accelerate

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An update from Cerillion ( (GB:CER) ) is now available.

Cerillion reported that the first half of its 2026 financial year was dominated by winning Omantel as a major new client in a contract worth about £42.5m over its term, the largest deal in the company’s history and a key new reference customer. Implementation is on track, with the contract expected to drive a significant contribution in the second half.

Revenue for the half year is expected to be about £18.0m, down from £20.9m a year earlier, and EBITDA is seen at roughly £6.2m versus £9.9m, reflecting contract timing and minimal recognition of high-margin software licence revenue in H1 2026. However, new orders have doubled to £39.6m, net cash has risen to about £32.5m, and a strong back-order book and healthy pipeline leave the board confident that full-year market expectations will be met as performance accelerates in the second half.

The company highlighted that demand from existing customers, alongside the Omantel win, is underpinning its growing order book. It continues to invest in the business to support further growth ahead of its detailed interim results on 1 June 2026, reinforcing its positioning in the telecoms software market.

The most recent analyst rating on (GB:CER) stock is a Buy with a £2200.00 price target. To see the full list of analyst forecasts on Cerillion stock, see the GB:CER Stock Forecast page.

Spark’s Take on CER Stock

According to Spark, TipRanks’ AI Analyst, CER is a Outperform.

The score is driven primarily by strong financial performance (high margins, low leverage, and solid cash generation). Offsetting this, technical indicators are mixed with negative MACD and an overextended stochastic reading, and valuation is only moderate given a 26.85 P/E and ~1.08% dividend yield.

To see Spark’s full report on CER stock, click here.

More about Cerillion

Cerillion plc is a London-headquartered provider of mission-critical billing, charging and customer relationship management software, serving mainly the telecommunications sector. The company has around 70 customer installations in about 45 countries, supported by operations in India and Bulgaria and a sales presence across Europe, the U.S., Singapore and Australia.

Average Trading Volume: 140,694

Technical Sentiment Signal: Buy

Current Market Cap: £418M

See more insights into CER stock on TipRanks’ Stock Analysis page.

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