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Gentrack signs delayed contract

Software company Gentrack Group [NZX: GTK] has signed the delayed contract that contributed to its shock earnings downgrade last month.

Gentrack, which develops software for energy utilities, water companies and airports, announced a substantial earnings downgrade at the start of August, soon after listing on the New Zealand stock exchange on July 25 after an IPO that raised $36 million of new capital.

 

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