10th Apr 2019 13:08
LONDON (Alliance News) - Altitude Group PLC on Wednesday said its trading in 2018 was in line with market expectations following an acquisition of Advertising Industry Mastermind Group LLC.
The operator of a marketplace for personalised products said the integration of promotional products distributor AI Mastermind has gone well. The company is now focussed on driving revenue from, and delivering value to, both sides of the supply chain, increasing member order volumes and value to our supply partners.
The acquired business is continuing to increase membership and generate revenue through enhanced marketing, technology and sales support, Altitude said.
"The company made substantial progress in 2018 and has developed further in the short period following the acquisition of AI Mastermind and its subsequent rapid, successful integration," said Chief Executive Nichole Stella.
"We are more convinced than ever about the potential of our model and of the benefits that will be derived following the acquisition of AI Mastermind," added Stella.
Altitude expects to report its 2018 results on May 28.
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