Eckoh plc (GB:ECK) has released an update.
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Eckoh plc has reported a record year of £52.6m in total contracted business, driven by strong renewals and second-half new business growth, particularly in North America where contracted business surged by 44%. Despite a slight revenue dip due to a strategic shift to cloud-based solutions, the company’s adjusted operating profit rose to £8.3m, surpassing market expectations. This shift to the cloud has improved recurring revenue and margins, solidifying Eckoh’s position as a leader in Customer Engagement Data Security Solutions.
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