23rd Jun 2015 07:39
LONDON (Alliance News) - Universe Group PLC said Tuesday that it expects its trading for the first half of 2015 to be in line with the first half of 2014.
Universe provides payment and online loyalty systems. In a statement ahead of its annual general meeting Tuesday, the company said it has recently secured a number of new orders and its order intake is in line with expectations.
"The recent orders are scheduled for delivery in the second half of this year, and we therefore expect the trading performance for the full year to be weighted towards the second half in line with our experience last year," Chairman Robert Goddard said in the statement.
Shares in Universe Group are trading down 7.1% at 8.01 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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