16th July 2009
Kewill plc ("Kewill" or "the Company" or "the Group"), the provider of software and solutions to simplify global trade and logistics, today issues the following Interim Management Statement, in respect of the period from 31 March 2009 to today, the date of its Annual General Meeting.
As anticipated at the time of its full year results on 22 June 2009, Kewill has seen slow new licence sales during the first few months of the current financial year, although the Board anticipates total first half sales in line with the same period last year.
The Board remains mindful of macro economic conditions, however we are seeing positive progression in larger deals in both the US and Europe, which we would anticipate resulting in new and significant orders over the next six months. We therefore continue to expect to see overall growth this financial year as a result of our strong backlog, new licence sales pipeline, our growing proportion of revenues from Software as a Service and our continued focus on tight cost control.
Interim results for the 6 months ending 30 September 2009 will be announced in November 2009.
Enquiries:
| Kewill plc | Tel: 01483 406080 |
| Paul Nichols, Chief Executive | |
| Financial Dynamics | Tel: 020 7831 3113 |
| Juliet Clarke / Edward Bridges / Nicola Biles |