ESG Eservglobal Limited

RNS Number:1721H
eServGlobal Limited
07 November 2007



Sydney 07 November 2007



eServGlobal Limited 2007 Annual General Meeting
Chief Executive Officer's Address

Ladies and Gentlemen,


It is my pleasure to address you today, thank you for your attendance. I would
like to begin with a review of the 2007 fiscal year.


eServGlobal has achieved an outstanding result in 2007, to take a clear market
leadership position amongst advanced telecommunications network software
providers worldwide.  Our 2007 revenue achievement of $153 million represents
61% growth over the $95 million 2006 result. This represents 25% growth over a "
normalized" 2006 revenue figure of $122 million, as this was our first full year
as a merged entity. The EBITDA margin lifted to 12.33%, up from 10.6% in 2006.
The diluted EPS was $0.03, up from $0.017, producing a dividend of $0.02 per
share.


eServGlobal is a global services provider, inventing smart communication and
payment services for telecommunications service providers on all generation
networks, with the ambition of being the largest independent supplier of
end-to-end solutions.


During the year ahead, I aim to drive the company forward to meet our key
challenges. I am confident in our capacity to achieve the 2008 fiscal year
financial plan and sustain organic revenue growth over 3 years, with 15% revenue
annual growth and continuing EBITDA margin growth.



We will continue to benefit from our established client base whilst having
exposure to new telecoms activity in fast-growing markets. Emerging markets have
significant growth of mobile users, particularly in India, South East Asia,
Africa and Latin America.  Service providers are looking for continuous cost
reductions and reliable, large-scale infrastructure to support their rapid
expansion, particularly in messaging and mobile financial transactions.  In
developed markets, service providers are more focused on cost reduction and
offering sophisticated service bundles such as quadruple play offers and
fixed-mobile convergence.



Our 2008 strategy will require on-going expansion of our key markets, while
expanding our geographical presence into significant regions through channel
partners and local entities, in order to produce sustained growth. We will
continue to innovate with our products and processes, to help our clients
deliver enriched services as their business model evolves.



We have exciting plans for new products and technologies including m-payment,
IMS-ready services, and customer retention. We will achieve greater efficiency
by productize our offering to enable faster delivery, and reduce the product
lifecycles.



I would like to thank our staff whose passion and commitment has enabled us to
deliver this excellent result.  I am sure their outstanding teamwork will allow
us to achieve or exceed our 2008 financial plan, as well as continuously improve
the way we do business globally. The principal values I intend to promote are
teamwork, cooperation, ownership and empowerment.



I thank you, the shareholders, for your support and I look forward to our
continuing success.



Laurent Lafarge
Chief Executive Officer


About eServGlobal

eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment
solutions for telecommunications service providers operating on all generation
networks.



eServGlobal's innovative solutions help service providers to grow new revenues,
reduce churn, and lower costs.  In addition, service providers are assured of
seamless evolution to new network architectures, such as IMS and beyond.



As payment is crucial, eServGlobal's Charging Suite responds to increasingly
sophisticated charging and billing challenges while providing advanced recharge
and m-payment solutions. The innovative Retention Suite delivers targeted
incentives to increase customer satisfaction and retention.  Meeting customer
demand for new communication experiences, the eServGlobal Messaging Suite
enables reliable delivery of multimedia services such as unified messaging,
video blog, SMS, and instant messaging. The Network Suite supplies enhanced
personalisation and network optimisation.



Over 80 of the world's leading service providers, with over 400 million mobile
subscribers in more than 50 countries, are taking advantage of eServGlobal's
end-to-end solutions and expertise to quickly deliver revenue-generating
services. With 14 offices around the world and staff from 20 different
countries, we provide flexible solutions with ongoing product development, based
on a deep understanding of our clients' challenges.



More information can be found at: www.eservglobal.com



Cautionary statements

Statements in this document expressing the beliefs and expectations of
management regarding future performance are "forward-looking statements" within
the meaning of the United States Private Securities Litigation Reform Act of
1995. These statements are based on management's expectations as of the date of
this document and are subject to uncertainty and changes in circumstances.
Actual results may differ materially from these expectations due to risks and
uncertainties including, but not limited to, uncertainty in communications
spending, the implementation of the Company's strategic repositioning and market
acceptance of the Company's new solutions strategy, six-monthly fluctuations in
financial results, the Company's ability to exploit fully the value of its
technology and its strategic partnerships and alliances, the availability of
products from product component vendors and other risks.  In addition, while
management may elect to update forward-looking statements at some point in the
future, management specifically disclaims any obligation to do so, even if its
estimates change. Any reference to our website in this press release is not
intended to incorporate the contents thereof into this press release or any
other public announcement.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

AGMUUGCGGUPMUQM

Eservglobal (LSE:ESG)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024

Eservglobal (LSE:ESG)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024