Pebble Beach Systems Optimistic Despite Market Challenges

Pebble Beach Systems (GB:PEB) has released an update.

Pebble Beach Systems Group PLC reports a resilient first half of 2024 with a 12% increase in order intake and a 21% rise in Service Level Agreement revenue, despite overall revenue being slightly down from the previous year. The company has launched a new IP-native PRIMA platform and bolstered its sales team to drive future revenue growth. With a strong sales pipeline and a strategic focus on recurring revenue, the Board is optimistic about meeting full-year market expectations.

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