14th Dec 2020 11:47
(Alliance News) - Journeo PLC on Monday reported that it has performed well in the second half of its 2020 financial year and is trading ahead of the first half, expecting to meet 2020 market expectations.
Shares in Journeo were up 8.7% at 50.00 pence in London on Monday.
Chief Executive Russ Singleton said: "The company is performing well with an improved second half, strong order book and growing pipeline of sales opportunities based upon software and services for the 2021 financial year and beyond."
The company's financial year ends December 31.
Additionally, the Leicestershire-based transport technical services group agreed to further extend the maturity date of its loan notes worth GBP300,000, originally issued in December 2016, to be repayable on March 31, 2022. The loan notes had an initial maturity date of December 31, 2019, which was extended to March 31, 2021 at the end of 2018.
By Zoe Wickens; [email protected]
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