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Eleco plc released an AGM Statement and Trading Update on 3 June 2025. Non-Executive Chairman Mark Castle reported on progress in the first four months of 2025, noting the share price increased from 117p at the last AGM to over 163p preceding the current AGM. He also stated the Board remains confident in the outlook, with trading in line with full-year market expectations.
| Date | 3 Jun 2025 |
| Time | 07:00:09 |
| Category | AGMs and other meetings |
| ID | 1124L |
3 June 2025
Eleco plc
("Eleco", the "Group" or the "Company")
AGM Statement and Trading Update
At the Company's Annual General Meeting ("AGM") being held at 11:00am today, Mark Castle, Non-Executive Chairman of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, will make the following statement:
"We are pleased with Eleco's progress in the first four months of 2025, particularly given the backdrop of ongoing political and market uncertainty. Underlying demand for Eleco's products remains resilient, driven by the construction industry's continued shift toward sustainability, digitisation of the built environment, and productivity enhancements."
"It is pleasing to see the share price has continued to respond to the underlying continuing trading performance of the business, moving from 117p at the last AGM date in June last year to over 163p at the close of day preceding this year's AGM."
"The Board remains confident in the outlook and trading remains in line with market expectations for the full year."
For further information, please contact:
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Eleco plc |
+44 (0)20 7422 8000 |
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Jonathan Hunter, Chief Executive Officer |
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Neil Pritchard, Chief Financial Officer |
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Cavendish Capital Markets Limited |
+44 (0)20 7220 0500 |
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Geoff Nash/ Seamus Fricker/ Elysia Bough (Corporate Finance) |
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Louise Talbot (Sales) / Harriet Ward (ECM) |
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About Eleco plc
Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the built environment through its operating brands Elecosoft, BestOutcome, PEMAC, Vertical Digital and Veeuze from centres of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania and the USA.
The Company's software solutions are trusted by international customers and used throughout the building lifecycle from early planning and design stages to construction, interior fit out, asset management and facilities management to support project management, estimation, visualisation, Building Information Modelling (BIM) and property management.
For further information please visit www.eleco.com.