30th Jun 2016 09:02
LONDON (Alliance News) - Marketing and communications firm Porta Communications PLC on Thursday said trading remained strong in the first five months of 2016, but the UK's vote to leave the European Union has made forecasting the short-term outlook difficult.
Porta said underlying trading in the five months to the end of May was strong, and fee income is running slightly ahead year-on-year.
However, the run-up to the EU referendum caused uncertainty and has continued to do so, even if Porta's international operations leave it well-placed to navigate through the difficulties.
But while confident on its strategy for the long term, Porta said forecasting for the short-term given current uncertainties "would be unwise".
Porta Communications shares were down 1.9% at 4.41 pence Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
PTCM.L