Market update
Sydney, Mar 31, 2016 AEST (ABN Newswire) - Invigor Group Limited (
ASX:IVO) (Company) provides the following update on business performance for the quarter ended 31 March 2016:
- Condat has achieved better than budget sales performance for the quarter with revenue of approximately $A1.75 million expected to be recorded. Condat is on track to achieve its forecast 2016 revenue of approximately $A8.0 million; and
- There continues to be significant interest in Australia from brands and retailers for the Insights product range. The pipeline continues to grow and the Company has several major deals in negotiation.
Invigor reminds eligible shareholders that the Share Purchase Plan closes today. The Company will accept funds which are credited to its account overnight or are otherwise banked tomorrow.
About Invigor Group Ltd
Invigor Group (ASX:IVO) uses its complementary suite of big data products to source, aggregate, analyse and publish content for the benefit of businesses and consumers.
Today its interconnected data sets enable enterprise clients including retailers, brands, shopping centres and government bodies to identify and better understand competitors, consumers, markets and demographics while providing the consumer with the best value-for-money.
Using its current products and a pipeline of additional offerings Invigor will have the ability to provide an end-to-end solution spanning sales, product management, business intelligence, marketing, advertising, content creation and distribution, while monetising each step of the process.
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