19th Nov 2015 09:21
LONDON (Alliance News) - Ideagen PLC said Thursday that trading in its first half to end-October "remained strong", with revenue and adjusted earnings before interest, tax, depreciation and amortisation expected to be "significantly ahead" of the previous year.
The software company had reported revenue of GBP5.7 million in its first half to end-October 2014. It expects to report underlying core organic revenue growth of around 6% for the financial 2015 half year.
"I am pleased to report that the strong trading momentum as reported in our full year results has continued into the first half of the current year. We continue to see strong new business demand across all of the group's products and markets, and the pipeline of opportunities with existing customers continues to build," said Chief Executive Officer David Hornsby in a statement.
Shares in Ideagen were trading flat at 49.50 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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