Guidance for Full Year to 30 June 08
09 6월 2008 - 3:52PM
UK Regulatory
RNS Number : 2448W
eServGlobal Limited
09 June 2008
Sydney 9 June, 2008: eServGlobal Forecasts 15% Revenue growth.
eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions, enabling smart communication and payment services for
service providers on any generation network, today announced updated guidance for the full year ending 30 June, 2008.
Continuing sales and delivery success in the second half is forecast to produce a full-year revenue achievement above AUD$176million,
representing 15% growth over the FY07 revenue achievement of AUD$153million.
EBITDA is forecast up to AUD$24million, compared to the FY07 achievement of AUD$18.9million, a result of increasing software license
sales and higher productivity.
The above figures are subject to the completion of the year-end accounts and auditor's report and there are assumptions included in the
forecast, including external project dependencies not fully under the control of eServGlobal, which may reduce or increase the final
result.
*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 Mr. Ian
Buddery, Executive Chairman of eServGlobal.
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment services for telecommunications service providers operating
on all generation networks.
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 customers' challenges.
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). In the year to 30
June 2007, eServGlobal reported a net profit before tax of A$9.1 million, up 104% from the previous year. A dividend of 2 cents per share
was paid. More information can be found at: www.eservglobal.com
Ian Buddery David Poutney / Brent Nabbs
Executive Chairman Numis Securities Limited (NOMAD)
eServGlobal Limited Tel: +44(0)20 7260 1000
This information is provided by RNS
The company news service from the London Stock Exchange
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