UK software firm Cerillion secures $11.1m contract with an African satellite and 5G provider, resulting in record-high sales, profits, and cash.
Cerillion, a UK-based software firm, secures $11.1m contract with a satellite and 5G services provider in Africa, boosting sales, profits, and cash to record highs. The company's turnover increased by 10% to £22.5m, with pre-tax profits rising 14% to £10.5m, and cash growing 13% to £26.6m. This growth is attributed to the large back-order book, new business pipeline, and ongoing projects.
May 13, 2024
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