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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Escher Group Holdings plc    ESCH   IE00B6SKRB38

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Escher Group Holdings plc : Brunei Post renews commitment to Escher’s Riposte technology

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05/24/2013 | 06:57pm CEST

24 May 2013: Escher Group announces their contract with Brunei Post has been extended for an additional period of three years as Brunei prepares to upgrade its current software installation to the latest version.

In 2005, Escher Group was chosen by Brunei Post as their point of service technology solution in order to support the role of the post office as an integral, trusted provider of services to the community. With the newest version of their Riposte innovative software, Escher Group will continue its business relationship with Brunei Post to span more than a decade.

Liam Church, CEO of Escher Group said, "Our goal at Escher is to help our customers adapt to the challenges of doing business in a new age of technology. With our improved software, we are positioned to provide even better services and solutions to Brunei Post as we support their business growth."

While Brunei Post is planning to migrate to the latest version of Riposte software in the near term, Escher Group, in conjunction with its partner Alif Technologies, are looking to provide additional products to Brunei Post in the area of financial services and e-wallet solutions with Escher Interactive.

Over the past 20 years, Escher Group has grown to become the world's leading point-of-service software provider to the postal industry. With Riposte operating in thirty-five countries worldwide, Escher Group continues to develop new and innovative technology solutions to help Posts, businesses and other organizations communicate, interact and engage.

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Financials ($)
Sales 2017 22,9 M
EBIT 2017 3,35 M
Net income 2017 -
Finance 2017 2,95 M
Yield 2017 -
P/E ratio 2017 15,04
P/E ratio 2018 13,88
EV / Sales 2017 1,36x
EV / Sales 2018 1,16x
Capitalization 34,1 M
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Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 3,96 $
Spread / Average Target 119%
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Managers
NameTitle
Liam Patrick Church President, CEO & Executive Director
Nicholas Paul David Winks Non-Executive Chairman
Clem Garvey Chief Financial Officer & Director
Fionnuala Higgins Executive Director & MD-Postal Retail
Paul Ronald Taylor Independent Non-Executive Director
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