TSM 0.00% 35.5¢ thinksmart limited

ThinkSmart Limited (ASX:TSM) has extended its contract with...

  1. ThinkSmart Limited (ASX:TSM) has extended its contract with Dixons Carphone Group (LON:DC), building on a 12-year partnership.

    Dixon is a leading European specialist electrical and telecommunications retailer and services company capitalised at £5.3 billion (A$11.2 billion) with over 3,000 stores across its various brands.

    The agreement extends ThinkSmart’s B2B (Smartplan) and B2C (Upgrade Anytime) contract with Dixons Carphone, subject to usual terms and conditions, to at least January 2019.

    It provides the company with the solid foundation from which to continue its growth strategy delivered through innovative & differentiated product development and leveraging its digital capabilities.   

    Last month, ThinkSmart increased its net profit guidance for FY2015 to about $3.5 million from $3 million.

    This is due to favourable foreign exchange currency movements along with continuing positive sales volumes based on the improving UK economy, and improved bad debt loan performance.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

 
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Currently unlisted public company.

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