Cerillion: Half year results, highlights strong cash position and dividend hike

19th May 2025 | Cerillion plc

Cerillion has announced half year results, which despite a slight softening in the revnue (off 7% to £20.9m), announced to major contact wins/ renewals in the period namely a new five-year contract, worth $11.4m, signed in January 2025 and a £5.4m term renewal agreed in March 2025 with a major European customer.

Louis Hall, CEO of Cerillion plc, commented:

“The business has continued to trade well, winning a major new customer, increasing the back-order book and developing the new customer pipeline. Just after the period-end, we signed the first part of what we expect to be one of our largest deals to date, once the licencing element is concluded. This project is to facilitate the migration of an existing European customer’s newly acquired customer base onto our product and platform. It further validates our offering as the customer chose to move its new customer base to Cerillion’s SaaS-based platform instead of remaining with the incumbent tier-1 provider.

“Based on new orders achieved to date and current trading, we believe Cerillion is well-placed to deliver market expectations for the full year and beyond. We continue to view long-term prospects with confidence.”

News in full

We interviewed CEO Louis Hall at the time of the Group’s Interim Results, who outlines the reasons behind the Group’s record results and why there is more to come