Toople has announced that Direct Market Services Limited (‘DMSL’), its recently acquired subsidiary, has won a major new contract with Carluccio’s, the leading hospitality and restaurant brand.
The contract is an additional win for DMSL, who already services several businesses across multiple disciplines within the Boparan Restaurant Group, that last month bought-out control of Carluccio’s, where re-openings are expected in line with the current government guidelines.
Success in securing such a prestigious contract to supply data/telephony services is evidence of how attractive its offering has become. Moreover, the Pandemic has forced businesses worldwide to recognise an urgent need to review their existing telecoms services, with a view to both optimising existing facilities and seeking new solutions in order to provide enhanced quality at an affordable price.
Toople’s business pipeline remains strong for both institutional and individual bespoke solutions, suggesting activity levels will continue to expand going forward.
We would draw your attention to the various disclaimers in the document both at the beginning and at the end of the note. Retail clients (as defined by the rules of the FCA) must not rely on the research document. In particular you should note that the research document is a non-independent marketing communication. The analyst who has prepared the research is aware that TPI provides research to Toople plc. Accordingly the research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibitions on dealing ahead of its dissemination.
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