11th September 2024
Microlise Group plc
("Microlise", the "Company" or the "Group")
Contract Wins and Notice of Results
Microlise Group plc (AIM: SAAS), a leading provider of SaaS-based transport technology solutions to fleet operators, is pleased to announce the signing of new and enlarged contracts with Goldstar, One Stop, and Romac, collectively representing a total contract value of over £2m.
Furthermore, the Group will announce its Interim Results for the six months ended 30 June 2024 on Tuesday 24 September 2024.
CONTRACT WINS
Goldstar Heathrow
Microlise has signed an expanded contract with long-standing client, Goldstar Heathrow, a prominent haulage and warehousing provider operating across major UK airports. The new 5-year contract will now see Microlise's solutions implemented across Goldstar's entire fleet of 170 vehicles, including vans. In addition, Goldstar will introduce new Microlise products including Journey Management, TruAnalysis, TruLicence, TruChecks, TruFleet, and TruWorkshop to its existing Fleet Performance and Real-Time Data (RTD) solution.
This comprehensive suite of solutions is designed to integrate and streamline compliance operations, enhance driver debrief processes, and improve overall operational efficiency. Goldstar is the first Microlise customer to utilise Microlise's Transport Management System ("TMS"), acquired as part of ESS, and Trutac solutions concurrently.
One Stop
Microlise has signed a 5-year contract with One Stop, a prominent retail convenience business operating over 1,000 stores across England and Wales. One Stop is a subsidiary of Tesco which is an existing long-standing client of Microlise. .
Theis new partnership demonstrates the value Microlise's product suite offers to the Tesco Group and marks a significant advancement in the efficiency, sustainability, and customer service of One Stop's logistics operations. Microlise's technology is expected to deliver significant benefits to One Stop, including a notable reduction in CO2 emissions per year.
Romac
Microlise has signed a 5-year contract with Romac, a leading provider of third-party logistics services specialising in temperature-controlled transport and warehouse (cold chain) solutions. Microlise will provide Romac with Microlise's comprehensive end-to-end TMS solution, to integrate with Romac's Warehouse Management System. The solution will support Romac's continuing rapid growth, with a national network of 11 depots, while maintaining lean and efficient processes.
Nadeem Raza, CEO of Microlise, commented: "These new contracts with Goldstar, One Stop, and Romac are a clear reflection of our commitment to delivering cutting-edge solutions that meet the evolving needs of our customers. We are proud to deepen our partnerships with these industry leaders, providing them with the tools to enhance operational efficiency, drive sustainability, and support their growth ambitions. Our ability to integrate and customise our technology across diverse fleets and complex operations underscores Microlise's position as a trusted partner in the transport and logistics sector."
NOTICE OF RESULTS
The Group will announce its Interim Results for the six months ended 30 June 2024 on Tuesday 24 September 2024.
Analyst Presentation
There will be a Zoom webinar for equity analysts at 09:30 BST on the day of results, hosted by Nadeem Raza, CEO, and Nick Wightman, CFO. Any analysts wishing to register for the event should email microlise@secnewgate.co.uk.
Investor Presentation
Additionally, the above presentation team will provide a live presentation for investors via the Investor Meet Company platform at 12:00 BST on 24 September 2024.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00 am the day before the meeting or at any time during the live presentation.
Although the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market. Responses to the Q&A from the live presentation will be published at the earliest opportunity on the Investor Meet Company platform.
Investors can sign up to Investor Meet Company for free and add to meet Microlise Group plc via:
https://www.investormeetcompany.com/microlise-group-plc/register-investor
Investors who already follow Microlise Group plc on the Investor Meet Company platform will automatically be invited.
For further information, please contact:
| Microlise Group plc | |
| Nadeem Raza, CEO Nick Wightman, CFO | C/O SEC Newgate |
| Singer Capital Markets (Nominated Adviser & Broker) |
|
| Steve Pearce / James Moat / Sam Butcher | Tel: 020 7496 3000 |
| SEC Newgate (Financial Communications) |
|
| Bob Huxford / Molly Gretton / Harry Handyside | Microlise@secnewgate.co.uk |
About Microlise
Microlise Group Plc is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions. These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience.
Established in 1982, Microlise is an award-winning business with over 400 enterprise clients. With c. 575 employees based in the UK, the Company also has offices in France, Australia, and India, with a total global staff base of over 775.
Microlise is listed on the AIM market of the London Stock Exchange (AIM: SAAS) and qualifies for the London Stock Exchange's Green Economy Mark.
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