dotDigital Group: Interim Results Statement
Group operating profit up 43% with continued performance from dotMailer
On outlook, Peter Simmonds, Chief Executive said: “The core email marketing business continues to perform very strongly and the strategy to increase sales activity in the corporate sector is showing good results with a strong pitch to win ratio, which is adding to recurring revenues and providing a cohort of higher value clients whose expenditure should continue to increase over time. Our ability to offer multinational businesses, a centrally managed parent account with locally accessible child accounts in local language and local currency billing is attracting interest from some very large businesses.
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Overall we continue to see the results of our strategy to drive recurring revenues and the level of monthly recurring revenue in the six months now represents 76.5% of total billing up from 73% at the full year ended June 2012.Our efforts to secure longer term agreements has also proved successful with 66% of new contracts in the last 6 months having terms of between 12-36 months.
We look forward to providing further updates on progress within the Group during 2013, including progress with the strategic review of the services division and culminating in a full annual update on trading in our full year results in October 2013".
COO & CTO Interview
dotDigital announces collaboration
with e-Dialog and Ebay's X.commerce platform
Peter Simmonds CEO of dotDigital Group said: “I am delighted e-Dialog have selected dotMailer’s automated email marketing platform to supplement their email marketing solutions within the X.commerce environment.
This version of dotMailer, e-Dialog Express, will be unveiled at Magento's Imagine eCommerce conference in Las Vegas on Tuesday April 24th. This is a unique opportunity to promote the product’s powerful features and ease of use to thousands of merchants worldwide”.