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HP11BB Hemel Hempstead, Hertfordshire
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Telephonetics Plc positive about the future at Annual General Meeting
At the AGM all resolutions were agreed by shareholders. In addition, Michael Neville, Chairman of Telephonetics, was confident about the positive future outlook for the group. He stated "Telephonetics has made a successful start to this year, with trading in line with expectations and good inroads made in our business development. This has come through new product lines and gaining further traction in our core markets."
He continued "Encouragingly, we are seeing a healthy pipeline of new business, with the continued successful roll out of our hospital results service and Remind+, our automated notification solution. This year new contract wins have included a dual-sited resilient ContactPortal® solution at Derby Hospitals NHS Foundation Trust and the purchase of our SEMAP+ platform by Guy's and St. Thomas' Hospital Trust, with their first application being Result. With the increased number of clients and success in cross-selling, service and maintenance revenues have increased by approximately 17% year on year. Over the course of the year, we will continue to look at breaking into new markets and growing our customer base on all sides of the business.
Internally we are continuing to invest and develop for the future, with the management-training programme running at full speed and the first phase of our new CRM deployment now live."
Michael concluded "We remain confident in the outlook for the sector and are now gaining international recognition for our technology and services."
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