Microlise Group Holdings Ltd. (GB:SAAS) has released an update.
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Microlise Group Holdings Ltd., a leading transport management software provider, reported a significant 15.4% rise in revenue to £39.1m in H1 2024, driven by a 21.5% increase in recurring revenues and strategic acquisitions. Despite a decrease in operating profit and net cash, the company saw a 16.8% increase in adjusted EBITDA and is confident in meeting full-year market forecasts, backed by strong customer retention and international contract wins.
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