2ergo Group has released its pre-close trading statement in advance of its preliminary results for the year ended 31 August 2010.
The company says that trading has been in line with management’s expectations and the board anticipates strong returns on the investment made in its business in the coming financial year.
2ergo has secured several important client wins in the period, most notably Transport for London, ESPN, Aviva, Burberry, Fidelity, Times of India, Cricket Australia, Universal UClick and Carphone Warehouse.
The company has invested in its acquisitions and in expanding the operational scale of the business, creating an increased overhead spend for the year. As reported in the Group’s interim statement, the scale of this overhead increase will be significantly less than the £7.1m initially forecast for the year.
This saving has allowed 2ergo to bring forward its programme of technical and infrastructure investment, developed in partnership with Capgemini, ahead of schedule. This has allowed significant progress to be made in integrating the businesses which were acquired in the previous financial year.
With an enlarged sales and marketing staff in offices in the UK, the US, India, Latin America and Australia, 2ergo is leveraging cross-selling opportunities across both its geographical regions and its product sets, and says it is well positioned in all territories to take advantage of the adoption of mobile technology by businesses globally.