31st Jan 2014 08:40
LONDON (Alliance News) - KCOM Group PLC said Friday it expects to trade in line with forecasts for the rest of the year, as its current performance has remained in line with its half year results.
At its interim results in November, KCOM said pretax profit decline to GBP25.8 million from GBP26.2 million in the previous year. Revenue declined to GBP185.5 million from GBP188.7 million. At that time KCOM said it expected to see full-year results in line with market expectations.
On Friday, the telecommunications company also confirmed that it had secured a contract with a UK government department. The company said that it will provide hosted contact centres, supported by IT and telephony services. KCOM said this project was now in a detailed planning phase, and further information will following the release of its full-year results June 6.
Shares in KCOM were trading up 1.7% at 101.20 pence Friday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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