16 October 2007
Trading Update
The Board of Kewill Systems plc (LSE: KWL) (“Kewill” or “the Group”), the provider of software and solutions to enable dynamic supply networks, today issues the following update on trading for the half year ended 30 September 2007, in advance of its Interim Results due to be announced on 13 November 2007:
“We are pleased to announce that our first half results are expected to be in line with management expectations that Kewill would deliver significantly improved revenue and profit on the same period last year. Furthermore, we are confident in our outlook for the full year.
Our established businesses have continued to grow, as have the new businesses that we acquired during the full year 2006/7 as reported in June.
We are also on track with our plans under the initiative “One Kewill” and are seeing good examples of cross-selling between divisions, the integration of businesses within geographies and the launch of new products for global deployment.
As we enter the second half our order pipelines are robust and, combined with the growing share of revenue from hosted solutions (SaaS), give the Board confidence about the outlook for the full year.”