2nd Feb 2017 09:39
LONDON (Alliance News) - Luceco PLC on Thursday said 2016 results will be in line with market expectations after trading well in the year.
The manufacturer of LED lighting products and wiring accessories said trading across the group has remained strong since the start of 2017, and that it has entered the new year "with significant momentum".
"As outlined at the time of the group's IPO, the board believes the group's innovative and expanding product range, strong market positions and ongoing investment in product and channel development mean it is well placed to deliver continued revenue and profit improvements," Luceco said in a statement.
Luceco listed in London in October. Shares in the company were trading up 3.9% at 184.99 pence on Thursday.
By Karolina Kaminska; [email protected]; @KarolinaAllNews
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