Published on: December 6, 2017
Contract gains encourage confidence
EU Supply (“EUSP”), the e-procurement software provider, has been enjoying an encouraging flow of contract gains since late October, against a backdrop of EU requirements effective from 2018 that drive favourable demand dynamics in its market. Investment in people resources should allow EUSP to accelerate contract delivery in FY2017 and provide flexibility for delivery of growth for FY2018. This encourages confidence and allows us to increase our revenue and cost forecasts in equal measure (forecast profits unchanged) for both FY2017 and FY2018.