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25 Jun 2019 | 07:17

Pelatro trading in line with expectations; with 'strong' sales pipeline

Marketing software group Pelatro said it continued to trade in line with its expectations, with a 'strong' pipeline of business opportunities.

Current revenue visibility for 2019 stood at $6.3m and the pipeline of medium-term opportunities was at around $16m, chairman Richard Day said in speech notes for the company's AGM.

'The company has a strong pipeline of new business opportunities which we are well placed to win,' Day said.

'Given our growing revenues and profitability, the board remains confident in its high growth strategy and that the company continues to trade in-line with expectations.'

Story provided by StockMarketWire.com
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