LoopUp (LON:LOOP) targeting a 'huge market' says Flavell: ProactiveInvestors Stocktube

ProactiveInvestors Stocktube

Published on Aug 31, 2016

Conference call software group LoopUp Group PLC (LON:LOOP) made a strong debut on AIM, with its shares now trading at 116p against a float price of 100p.

Sales growth has been an impressive 36% in each of the past three years but co-chief executive Steven Flavell believes it has barely scratched the surface of its potential market.

The company generates £9 for every £1 invested and with £14bn every year wasted by companies on meetings as they track down who is there and who should be there, he sees a ‘huge market’ and bags of growth potential.

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Find out more about LoopUp, the international enterprise conferencing company that makes conference calls less painful, and makes collaboration easy.