News and Announcements
Aeeris Market Update: New Customers & Contracts Signed, Cost Reduction Complete & Cash Burn Reduced
- Published December 20, 2016 9:53AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
20th December 2016 – ASX Release
Highlights:
Aeeris is pleased to report improved operating and financial performance following a strategic review by the board in October and November.
The company is ending the year on a positive note as a consequence of:
- Substantially reducing operating costs;
- Improved internal business processes and efficiencies;
- New customers being switched on;
- Strong Pipeline of opportunities with blue chip customers; and
- Improved pricing and margins.
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