Speech recognition and associated payment solutions provider Eckoh has signed up its seventh and eighth UK water companies as customers.
The group has won new three-year contracts to provide the EckohPAY secure payment solution with a further two water utility companies.
After the routine talking up of his company's products Nik Philpot, Chief Executive Officer of Eckoh, hinted at more contract wins in the pipeline from the utility sector.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Our solutions continue to generate significant new business interest from other utility providers and we remain optimistic about further increasing our market share," Philpot said.
Shares in the company rose by five-eighths of a penny to 12.625p, hitting a 52-week high.
JH
-
FTSE 100 hits record highs – why is it rising and will we see more gains?Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
-
How to invest in copperIt may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
