27th Jan 2016 09:39
LONDON (Alliance News) - Marketing company Cello Group PLC on Wednesday said its profit and revenue for 2015 met market expectations after solid trading for its health and consumer marketing divisions.
Cello said its Health arm managed to deliver good like-for-like growth in revenue over the course of the year, helped by its increasing presence in the US market, where it is targeting the biotechnology sector on the West Coast.
Cello Signal, its consumer marketing unit, also performed well in the year and improved profit margins, again helped by growth in the US.
The group said has entered 2016 with a good forward order book in place and expects further progress to be made this year.
It will publish its annual results on March 17.
Shares in Cello were up 0.6% to 81.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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