Gentrack inks contract with Eon; 1H profit forecast unchanged

Sun, 25 Mar 2018

By Tina Morrison March 26 (BusinessDesk) - Gentrack Group has inked a contract with Eon, providing Germany’s largest renewable energy producer with its velocity utility billing and customer management software for its UK and Romanian energy supply businesses. Auckland-based Gentrack said the contract won't alter its forecast for first-half earnings. Last month, Gentrack said it expects first-half earnings before interest, tax, depreciation and amortisation of between $15 million to $16 million, compared with $8.8 million the year earlier...

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