Getech Group boosted by contract wins
A look at the major movers on the London market on Thursday
Getech Group PLC (LON:GTC) has gained ground after positive contract news and an increasing presence in green energy.
The company, which specialises in providing data, software and analytic products to the energy industry, said it had renewed software licences with existing customers with a combined value of around £375,000.
It has also won contracts for data and services with new and existing customers worth a total of £350,000, including work in new areas for the company in the petroleum and geothermal sectors.
The contracts should add around £537,000 to this year s revenues, meaning it continues to trade in line with current market expectations.