LONDON (ShareCast) - Operations management software group EG Solutions (LSE: EGS.L - news) said its pipeline of potential sales continues
to grow despite the tough times being experienced by the financial sector.
The company’s chairman, Rodney Baker-Bates, conceded that its customers’ decision times ‘remain longer than we would like’ but the company continues to make solid progress in converting prospects into firm sales.
The company has already secured around 72% of revenues budgeted for the current year. while cash flow since the beginning of February has been positive.
Net cash deposits as at 12 June were £0.6m, up from £0.26m.
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