eServGlobal Limited provided revenue guidance for the year 2018. The 2018 year-end revenue is anticipated to be in the range of €7.0 to €7.5 million, lower than previously expected.

Positively, the breakeven point for 2019 has further reduced and is expected to be around €10 million due to the continued progress on right-sizing the cost base. Coupled with the strong contracted support and order base of up to €7.5 million for 2019 gives the Board confidence that the new financial year will show improvements on 2018.