Cerillion shares rose on Monday after the software firm won a large contract and revealed record half-year results. It told investors the customer serves the business-to-business and business-to-consumer markets across Southern Africa with technologies ranging from fibre to satellite, microwave, and 5G standalone. Cerillion anticipates achieving its annual market forecasts, owing to a significant back-order book, new business pipeline and current projects. Hall started Cerillion in 1999 following the management buyout of the customer care and billing product arm of Logica, a now-defunct computer services consultancy. Cerillion shares were 1 per cent higher at 1,591.4p on Monday morning, meaning they have expanded by around 32 per cent over the past year.

Source: Daily Mail May 13, 2024 08:56 UTC