21st Jan 2015 09:15
LONDON (Alliance News) - Payments company SafeCharge International Group Ltd on Tuesday said it expects its 2014 earnings to be ahead of market expectations on the back of a strong finish.
The company said it trading in the fourth quarter was strong, leading it to forecast its adjusted earnings before income, taxation, depreciation and amortisation for the year to December 31 will be at least USD24.5 million, ahead of market estimates.
In addition to positive trading in the fourth quarter, the company said it is confident on its outlook for 2015 on the back of the acquisitions of CreditGuard and 3V Transaction Services, both of which completed this month. It added the good performance in December has carried on into 2015.
Shares in SafeCharge were up 2.0% to 250.00 pence on Wednesday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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