Alterian plc
(“Alterian” or “the Company”) - Interim Management
Statement
Alterian, the leading international provider of Integrated
Marketing Platform software, today publishes its Interim Management
Statement covering the period from 30 September to the date
of this announcement as required by the Listing Authority
disclosure rules.
Performance in the third quarter was in line
with management’s expectations. Revenue for the third quarter and
nine months ending 31 December 2008 doubled compared to the prior
year periods (90% up at constant exchange rates).
The Company has broadened its customer and
product base. Strong performances from
Alterian’s on-line products including those arising from the
acquisition of Mediasurface, and strong revenue growth in
other regions more than offset some slowing in the rate of growth
in US revenues resulting from current market conditions.
Renewal rates continued to be high in the third quarter and the
Company has a strong pipeline.
New contract wins in the quarter included a
licence agreement for web content management software with Jaguar
Land Rover announced separately today, and a wide range of new
clients across a variety of sectors.
The integration of Mediasurface has
been successfully completed and the Company has
implemented its cost efficiency programme. Product launches
have focused on a number of new solutions utilising Alterian’s
competitive strengths in rapid time to value and low total cost of
ownership, which are particularly attractive to marketers in the
current environment.
As in prior years, full year revenues will be
weighted to the fourth quarter of the year due to the concentration
of receipts under long term contracts and renewals and will depend
to some extent on the rate of roll out of products by Alterian’s
partners and the timing of contracts. The outlook for the fourth
quarter remains positive and the Board continues to target good
revenue growth and remains confident about the Company’s
prospects.
There have been no significant changes in the
financial position of the Company since the publication of the
Interim Management Report in respect of the six months ended 30
September 2008.
Enquiries:
Alterian plc
David Eldridge, Chief Executive Officer
David Cutler, Finance Director
0117 970 3200
Financial Dynamics
Charles Palmer/Haya Chelhot/Emma Appleton
020 7831 3113
ALTERIAN PLC
ALTERIAN AND ITS MARKETS
Alterian (LSE: ALN) empowers marketers with
an integrated marketing software platform combining database,
online and operational marketing applications on a shared data
infrastructure. The Alterian Integrated Marketing Platform makes it
practical and cost effective for marketers to use actionable
insight to execute an integrated marketing strategy across online
and offline channels.
It is the unique integration of analytics,
content and execution through Alterian’s industry leading tools,
such as the Alterian Messenger email platform, and the award
winning Alterian Content Management web solutions, which enables
marketers to drive a seamless, multi-channel customer
experience.
Alterian’s analytically-led software is
delivered to approximately 1,000 marketing departments, across 26
countries, and an international network of more than 100 business
partners, including marketing services providers, agencies and
systems integrators. Its partners, such as Accenture, Acxiom,
Allant Group, Cap Gemini, Carlson Marketing, Experian, Epsilon,
InfoUSA, LogicaCMG, Merkle, Ogilvy One and Euro RSCG Worldwide,
deliver Alterian software alongside their own domain and services
expertise to help market leaders such as Princess Cruises, General
Motors, Zurich, Astra Zeneca, HSBC, Limited Too, AEGON, Avis,
Worldwide Wrestling Entertainment, Dell, Amnesty International and
Vodafone integrate marketing processes and drive competitive
advantage. For more information about Alterian, products
within the Alterian Integrated Marketing Platform or our Partner
Network, please visit www.alterian.com.