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Brave Bison Group PLC - London-based digital advertising and technology service provider - Confirms approximately £4 million in new and renewed contracts. Commerce division signs deal with an unnamed Dutch car parts retailer expected to be worth about £1 million. Second contract, between Commerce and a Finnish homeware retailer, is also expected to be worth about £1 million. Finally, the Performance division renews terms for a further 24 months with a national electricals retailer with an anticipated value of about £2 million. Company now has ‘further certainty’ that it will deliver £3.1 million in adjusted pretax profit for 2023, as expected, and will meet market expectations for growth next year.
Chair Oliver Green says: ‘Trading conditions have improved noticeably since the lull in Q2, and we are pleased to see Brave Bison’s differentiated proposition attracting the right kind of customer.’
Current stock price: 1.74 pence, up 14% on Monday afternoon in London
12-month change: down 26%
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