I Agree

We have updated our Privacy and Cookie Policy. By clicking "I Agree" below, you acknowledge that you accept our Privacy and Cookie Policy and Terms of Use.


This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies used on Trustnet and how you can manage them, see our Privacy and Cookie Policy.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms of Use.

For more information Click here



It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS



AGM Statement
RNS Number : 4408R
30 June 2020

30 June 2020

Attraqt Group plc

("Attraqt", the "Group" or the "Company")


AGM Statement


Attraqt Group plc (AIM: ATQT), a leading provider of online experience orchestration, will hold its Annual General Meeting at 11:15 am today. At the meeting Nick Habgood, Non-Executive Chairman, will make the following statement:


"I would like to take this opportunity to update on the resilient performance delivered by the Group across April, May and June.


With our teams operating from home and continuing to service our customers , the influence of Covid-19 on trading has continued to be limited. The Company's recurring revenue model, with many customers on multi-year contracts, has served the company well and recurring license-based revenues have remained stable. Whilst increased uncertainty has meant that naturally, decision making during the pandemic has been significantly slower, impacting new bookings, the pipeline remains healthy and engagement with our current customers has never been stronger.


A number of retailers and industry experts have noted that COVID-19 appears to have accelerated the adoption of online shopping and are forecasting that that the online channel will be of greater relative importance and will receive investment going forward. This bodes well for Attraqt.


Although it is clear that uncertainty will persist for some time, we are confident that we are in a strong position. Thanks to our robust balance sheet, effective remote operation and recurring revenue model, we remain resilient and look forward to being a key part of our customers' online experience at this critical time and beyond."



For further enquiries please contact:


Attraqt Group plc

07747 766 849

Eric Dodd, CFO

Canaccord Genuity

+44 (0)20 7523 8000

Simon Bridges

Adam James

Tom Diehl

Alma PR

+44 (0)20 3405 0205

Rebecca Sanders-Hewett


Susie Hudson

Sam Modlin


About Attraqt Group plc


Attraqt powers exceptional shopping experiences for over 300 of the world's leading retail brands. The Company delivers omnichannel search, merchandising, and product & content personalization for retailers and brands. Simple-to-use interfaces and efficient workflows enable Merchandisers to take full control and enhance the value of smart automation with their own strategic expertise and creativity.


In 2019, Attraqt acquired Early Birds, the award-winning AI-driven personalization software provider. Together, the two companies combine Attraqt's pedigree in data-led search and merchandising capabilities to optimize product discovery and visual curation, with Early Birds' award-winning ability to empower learning algorithms to orchestrate and personalize the entire shopper journey. The benefits to retailers and brands will be the ability to orchestrate enhanced shopper journeys that also deliver superior commercial returns.


For more information visit  www.attraqt.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

You are currently using an old browser which will not be supported by Trustnet after 31/07/2016. To ensure you benefit from all features on the site, please update your browser.   Close