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CDialogues Second Half To Be In Line With First Due To Project Delays

18th Sep 2015 09:55

LONDON (Alliance News) - AIM-listed mobile marketing company CDialogues PLC said Friday it now expects to deliver earnings and revenue in the second half of 2015 in line with the first half as a result of some projects that were due to begin in the fourth quarter being delayed.

CDialogues expects to report earnings before interest, tax, depreciation and amortisation of EUR1.6 million for the half year to end-June, on revenue of EUR5.3 million. It will report its interim results next Monday.

The company reiterated confidence it will continue to expand its client base, subscriber numbers and geographic footprint. "CDialogues remains well placed to capitalise on the long-term growth opportunities across its addressable markets. Given the strong existing pipeline of new projects and indicative launch dates, the company expects to announce a number of new launches over the coming quarters," the company said in a statement.

Shares in CDialogues were untraded Friday morning. It last closed at 319.00 pence.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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