News

eServGlobal sales up 15%

09 June 2008 08:20:00

Mobile phone billing software group eServGlobal expects to post revenues of A$176m this year to June, up 15% but a slower rate of growth than the first half of the year as some customers delayed orders.

Underlying profits are forecast to rise A$18.9m to A$24m, a result of increasing software license sales and higher productivity eServGlobal said.

"Additional caution was evident in the global telecoms market in the early part of 2008 and some customer decisions were delayed, contributing to an increase in the backlog we will carry into our new year. We believe that conditions have now settled and our focus on real-time charging and mobile commerce will bring further growth in key areas of the rapidly evolving telecoms market." said Ian Buddery, executive chairman.

Interim revenues rose by 22% to A$91m.

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