Hansen Technologies Limited

ASX:HSN

Hansen Technologies Limited

ASX:HSN
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$5.50 (+0.9%)
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#528
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2
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Reports (4) My Report Forum Investors
Forum Topics HSN HSN Contract win

Pinned straw:
jcmleng
Added 5 months ago

Hansen Signs 7 Year Renewal & Upgrade Contract with a Leading European Utility

  • Hansen signs 7-year renewal contract with a leading European utility
  • SSE, a long-term Hansen customer since 2005, is a leading supplier of electricity and gas to the United Kingdom and Republic of Ireland
  • The agreement will facilitate an upgrade to Hansen’s cloud-enabled, event driven CIS platform
  • The contract renewal and upgrade represents a significant enhancement to the existing contract and includes implementation commencing in FY25 and an additional incremental recurring revenue uplift of approximately A$2.8m per annum post implementation completion.


A nice win to end FY24 from the perspective of (1) a continuing long-time customer (2) a strong vote of confidence in HSN's Customer Information System (CIS) platform!

Discl: Held IRL & SM
Mujo
Added 5 months ago

Nice contract win - do wonder if this should have been marked 'market sensitive' on the announcement though.

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