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LoopUp enjoying strong start to second half with major new contract wins

Steve Flavell, co-chief executive of LoopUp Group PLC (LON:LOOP) caught up with Proactive to discuss the remote meetings technology firm's first half results.

The AIM-quoted company saw underlying earnings (EBITDA) almost double to £1.6mln (H1 2016: £0.9mln), thanks in part to an improved like-for-like margin of 76.8% (H1 2016: 73.7%).

A 44% year-on-year jump in revenues to £8.65mln (H1 2016: £6mln) also helped.

 

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