19th Jul 2018 13:33
LONDON (Alliance News) - Quixant PLC said Thursday that trading in the first six months of the year were in line with management expectations.
The computer manufacturing company said its revenue and pretax for the six months ended June were consistent with meeting full year expectations.
Quixant said its gross margin in the first half "remained robust" and continued the company's "record of strong annual growth".
Chief Executive Officer Jon Jayal said: "We are very pleased with the performance of the group in the first six months, with both the Gaming Division and Densitron performing in line with our expectations. In 2017 revenue was significantly first half weighted which we explained was atypical and not likely to be an ongoing trend. This is proving to be the case and for the full year 2018 we anticipate a return to our traditional second half weighting."
Shares in Quixant were up 0.9% Thursday at 449.00 pence each.
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