Panoply Holdings PLC (The) Trading Update and Change of Registered Address (5056W)
26 Abril 2021 - 01:00AM
UK Regulatory
TIDMTPX
RNS Number : 5056W
Panoply Holdings PLC (The)
26 April 2021
This announcement contains inside information
26 April 2021
The Panoply Holdings PLC
("The Panoply", or the "Group")
Trading Update
and
Change of Registered Address
The Panoply Holdings PLC (AIM: TPX), the technology-enabled
services group focused on digital transformation, announces a
trading update for the year ended 31 March 2021.
Trading during the period was strong and ahead of the Group's
recently upgraded expectations.
The Board expects to report Revenue and Adjusted EBITDA
performance for the year to be not less than GBP51m (an increase of
62% on FY2020) and Adjusted EBITDA of not less than GBP6.9m (an
increase of 79% on FY2020). Alongside the impact of three
acquisitions made during the year, the FY2021 results will show
like-for-like organic revenue growth above the Group's stated
objective of 10-15%.
The Group also made strong progress with its ESG commitments and
will report improvements in both diversity and inclusion statistics
across the Group, as well as progress towards its commitment to be
carbon neutral, including historic emissions, by March 2023.
The Group ends the year with GBP39m backlog for FY2022 and a
strong pipeline that supports further organic growth in FY2022 in
line with its stated objectives.
The Group will announce its preliminary results on 5 July
2021.
Change of Registered Address
The Panoply Holdings Plc, announces that its registered office
has changed to 7 Savoy Court, London WC2R 0EX with immediate
effect.
The person responsible for this announcement is Oliver Rigby,
CFO.
Enquiries:
The Panoply Holdings
Neal Gandhi (CEO) Via Alma PR
Oliver Rigby (CFO)
Stifel Nicolaus Europe +44 (0)207 710 7600
Limited
(Nomad and Joint Broker)
Fred Walsh
Alex Price
Dowgate Capital Limited
(Joint Broker)
James Serjeant
David Poutney
Nicholas Chambers +44 (0)203 903 7715
Alma PR panoply@almapr.co.uk
(Financial PR) +44 (0)203 405 0209
Susie Hudson
Josh Royston
Harriet Jackson
About The Panoply
The Panoply is a technology-enabled services group, built to
service clients' digital transformation needs. Founded in 2016,
with the aim of identifying and acquiring best-of-breed specialist
information technology, design and innovation consulting
businesses, the Group collaborates with its clients to deliver the
technology outcomes they're looking for at the pace that they
expect and demand.
The Group is being increasingly recognised as a leading
alternative digital transformation provider to the UK public
services sector, with c.70% of its client base representing the
public sector and c.30% representing the commercial sector.
More information is available at www.thepanoply.com .
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END
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