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On January 21, 2025, Tialis Essential IT Plc announced it received confirmation of preferred partner and contract extensions. These contracts total approximately £17.8 million, with a proportion being 5-year contracts that include multi-million-pound agreements for its lifecycle division.
| Date | 21 Jan 2025 |
| Time | 07:00:04 |
| Category | Corporate updates |
| ID | 0207U |
Tialis Essential IT Plc
("Tialis" or the "Company")
21 January 2025
Contract Wins and Extensions
Tialis, the mid-market IT Managed Services provider, is pleased to announce it has received confirmation of preferred partner and contract extensions totalling approximately £17.8m, marking an excellent start to FY25. Encouragingly a sizeable proportion of the customer wins are 5-year contracts, with multi-million-pound contracts for our lifecycle division.
The Company will provide further contract updates during year-end reporting, which is expected in April 2025.
CEO, Ian Smith commented:
"Whilst market conditions remain highly competitive and economic uncertainty persists; the Company has improved future visibility and greater confidence as we look ahead."
For more information, contact:
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Tialis Essential IT Plc Ian Smith, Executive Director
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Tel: +44 (0)344 874 1000 |
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Cavendish Capital Markets Ltd Nominated Adviser and Broker Corporate Finance: Jonny Franklin-Adams/ Elysia Bough Corporate Broking: Tim Redfern
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Tel: +44 (0)20 7220 0500 |