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Red24 Expects To Will Beat Forecasts After Strong Third Quarter

11th Feb 2015 08:38

LONDON (Alliance News) - Crisis assistance company Red24 PLC on Wednesday said it expects to beat expectations for the full year on the back of new business wins and a busy third quarter.

The company said it expects its financial results for the year to March 31 to be ahead of its expectations, with similar positive momentum to be carried into its next financial year.

The group said it saw a number of new business wins and a busy third quarter for operational responses in its special risks area.

The group also said it will launch its enhanced travel tracker product later this month, allowing users to monitor and track travelling personnel on a 24/7 basis.

Shares in Red24 were up 9.8% to 15.10 pence on Wednesday morning, one of the best performers in the AIM All-Share.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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