5th Mar 2015 08:38
LONDON (Alliance News) - Avesco Group PLC on Thursday said the company expects to beat its expectations for the full year after good trading in the first few months of its financial year.
Avesco, which provides services to the corporate presentation, entertainment and broadcast markets, said trading in the first months of its 2015 financial year, starting October 1, have continued the positive trends seen in 2014.
In a statement to be given to the company's annual general meeting, Chairman Richard Murray said its Creative Technology businesses in the UK, Germany and North America have performed well, as has its Presteigne Broadcast unit.
Murray said the outlook for the summer months also looks good for the company, leading the company to expect its full-year results will outpace its previous expectations.
Avesco shares were up 9.2% to 132.66 pence on Thursday morning, one of the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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