Imaginatik PLC Trading Update (4540R)
March 09 2016 - 2:00AM
UK Regulatory
TIDMIMTK
RNS Number : 4540R
Imaginatik PLC
09 March 2016
Imaginatik plc
("Imaginatik" or "the Company")
Trading Update
Sales momentum continues with further new customer wins
Imaginatik plc (AIM: IMTK.L), the innovation company, is pleased
to announce trading in the third quarter of the year was positive,
continuing the momentum from the first half of the year.
Gross bookings for the three months ended 31 December 2015 were
GBP1.28m, slightly higher than what was also a strong quarter in
the prior year (Q3 FY15: GBP1.26m). The Company enjoyed success
both with new customer signings and importantly delivering a series
of contract renewals. Five new clients were signed in the quarter
(Q3 FY15: 6) across a range of industries including a major
international professional services firm, a global food services
and facilities business, and a global defence and aerospace
business.
The strength of Imaginatik's offering, which combines the power
of its unique software with its innovative consultancy practice,
continues to be a valuable differentiator for the Company in
securing new business.
Trading in the final quarter of the year is progressing well,
securing four further consultancy contracts, two of which are with
new US customers, including one of the world's most iconic apparel
and footwear brands. These contracts will be substantially
delivered over the current and subsequent quarter.
Matt Cooper, Non-Executive Chairman, commented: "This is another
strong quarter of trading, marking a clear turning point in our
revitalisation of Imaginatik. Having built a unique offering within
the international innovation marketplace, we are seeing a steady
flow of new customer numbers and a growing demand for our
consulting and innovation advisory work to complement our robust
technology offerings, leading to a more secure financial footing
and exciting prospects for the future."
For further information please contact:
Imaginatik plc Tel: 01329 243
243
Matt Cooper, Non-Executive
Chairman
Ralph Welborn, CEO
Shawn Taylor, CFO
finnCap Ltd Tel: 020 7220
0500
Jonny Franklin-Adams/Giles
Rolls, corporate finance
Camille Gochez, corporate
broking
Alma PR Tel: 020 8004
4218
Hilary Buchanan
Caroline Forde
About Imaginatik
Imaginatik provides a range of innovation solutions comprised of
consultancy, enterprise software and program management to deliver
innovation results to companies such as The World Bank, The Chubb
Group of Insurance Companies, Exxon Mobil, Altria, Shell, Mayo
Clinic, Goodyear, the Yorkshire Building Society, Caterpillar and
Cargill. Few companies possess the internal capability to
consistently generate fresh ideas, identify those worth pursuing
and reliably transform them into real, value-enhancing assets.
Imaginatik's mission is to help these companies build sustainable
innovation competencies.
Imaginatik is a public company whose shares are traded on the
AIM market of the London Stock Exchange (LSE: IMTK.L) with offices
in Boston, MA, and Fareham, UK. For more information visit
www.imaginatik.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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