 were up almost 4% on Monday morning after the group revealed a for the year ended 30 September 2020. ){kind=link}
Cerillion shares (LON: CER) were up almost 4% on Monday morning after the group revealed a for the year ended 30 September 2020.
The software solutions provider posted an 11% boost in revenue to £20.8m and growth in pre-tax profit by 7% to £3.7m.
The back-order book was also up by 41% to £31m.
Cerillion has increased the final dividend of 3.75p per share proposed, up from 3.3p in 2019, bringing the total dividend for the year to 5.5p per share – an increase of 12%.
The group has felt no significant impact from the pandemic and in September this year won its largest-ever contract worth £11.2m.
“Cerillion has delivered an excellent performance. Revenue, pre-tax profits and the back-order book are at record levels, and we closed our largest ever contract win in the final quarter of the financial year, continuing a trend of larger wins,” said Louis Hall, chief executive.
“While the coronavirus pandemic has created severe disruption globally, it has underlined the importance of critical infrastructure and services, including telecommunications, our core market.
“The business has adapted effectively to remote working and we start the new financial year with greater revenue visibility than at the beginning of any previous financial year. We have a strong new customer pipeline and view both short and longer-term prospects very positively,” added Hall.