Published on: March 26, 2015
New contract wins driving growth
eg solutions has reported FY2015 results ahead of our forecasts, and confirming the positive momentum flagged in the February trading statement. Improved financial performance is being driven by new contract wins for the operational intelligence suite – 10 during 2015. The result was impressive revenue growth, accompanied by a significant improvement in EBITDA margin, and also in free cash flow. Overall, a strong set of results, which together with the solid balance sheet, give further confidence in eg’s future growth prospects.