29th Jun 2016 08:56
LONDON (Alliance News) - Media and entertainment marketing company Reach4Entertainment Enterprises PLC on Wednesday said it is confident in its outlook for the full year, after having seen "very positive" trading in its first half.
In a statement to be made at its annual general meeting on Wednesday, Executive Chairman Stoller said the refinancing of the company's indebtedness that was completed last year, and the associated fundraising that was completed at the same time, "have had a positive impact" and have "positioned the company to pursue growth initiatives".
"I'm pleased to share with you that trading in the first half of this year has been very positive, and the board is confident in the outlook for the year," Stoller added.
Shares in Reach4Entertainment were up 1.3% at 1.90 pence on Wednesday.
By Hannah Boland; [email protected]; @Hannaheboland
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