StatPro Group PLC Half year trading update and notice of results (1706L)
July 17 2017 - 2:00AM
UK Regulatory
TIDMSOG
RNS Number : 1706L
StatPro Group PLC
17 July 2017
17 July 2017
StatPro Group PLC
Half year trading update and notice of results
StatPro Group plc, (AIM: SOG, "StatPro", "the Group"), the
leading provider of portfolio analysis and asset pricing services
for the global asset management industry, will be publishing its
results for the six months to 30 June 2017 on 2 August 2017.
Highlights
-- Trading in the first half of the current financial year in line with expectations
-- Group Annualised Recurring Revenue ("ARR") up 47% to
approximately GBP53.2 million (H1 2016: GBP36.2 million)
-- 82% of Group ARR for software comes from SaaS solutions (H1 2016: 74%)
-- Integration of UBS Delta progressing well
A presentation for analysts of the interim results will be held
at 9.30am on 2 August 2017 at the offices of Instinctif Partners,
65 Gresham Street, London, EC2V 7NQ.
Enquiries:
StatPro Group plc
Justin Wheatley, Chief +44 (0) 20 8410
Executive 9876
Andrew Fabian, Finance
Director
Panmure Gordon - Nomad
and Broker
Corporate Finance - Freddy +44 (0) 20 7886
Crossley / Fabien Holler 2500
Corporate Broking - Tom
Salvesen
Instinctif Partners
Adrian Duffield / Kay Larsen +44 (0) 20 7457
/ Chris Birt 2020
About StatPro
StatPro is a global provider of award winning portfolio
analytics solutions for the investment community. The Group's
cloud-based platform provides vital analysis of portfolio
performance, attribution, risk and compliance. This multi-asset
class analytics platform helps StatPro's clients increase assets
under management, improve client service, meet tough regulations
and reduce costs.
The Group's integrated and global data coverage includes over
3.2 million securities such as equities, bonds, mutual funds, FX
rates, futures, options, OTCs, sector classifications and much else
besides. StatPro also covers most families of benchmarks including
MSCI, FTSE, Russell, NASDAQ and the open source Freedom Index.
StatPro has grown its Annualized Recurring Revenue from less
than GBP1 million in 1999 to around GBP53 million today. The Group
has operations in Europe, North America, South Africa, Asia and
Australia, with hundreds of clients in 39 countries around the
world. Approximately 80% of recurring revenues are generated
outside the UK. StatPro Group plc shares are listed on AIM.
This information is provided by RNS
The company news service from the London Stock Exchange
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