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accesso surges as it hails ‘powerful business results’ in 2019

Last updated: 04:12 13 Feb 2020 EST, First published: 02:34 13 Feb 2020 EST

Accesso Technology Group PLC - accesso hails ‘powerful business results’ in 2019

accesso Technology Group PLC (LON:ACSO) has hailed “powerful business results” for 2019 after securing several noteworthy customer renewals and 43 new or expanded ticketing contracts over the year.

The e-ticketing specialist said it had reached renewal agreements with several clients including theme park owner Palace Entertainment and the Washington State Fair while also securing new customers such as ITV Broadcasting, the Mount Washington Cog Railway and The New York Botanical Garden.

READ: accesso says chief financial officer to step down on 31 March, a week after revealing return of former CEO

“The contract renewals reflect the ongoing momentum and client loyalty towards the accesso product suite”, the company said, adding that it had also recognised “increased cross-sell momentum” with 10 new customers using more than one of its solutions.

“These contract wins and renewals reaffirm the strength of our product offerings, underscore the confidence our customers have in our solutions, and start us off with forward momentum in 2020", said accesso chief executive Steve Brown.

The shares surged 10.2% to 483p in early trading on Thursday.

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