9th Apr 2015 10:49
LONDON (Alliance News) - Phoenix IT Group PLC on Thursday said it has seen good trading across its business in the second half and expects to report full-year results in line with market expectations.
The IT services company said it has seen good trading across the business in the second half of its financial year to the end of March and said it expects its profit to be "comfortably in line" with market expectations.
It will publish its full-year results on June 8.
Also Thursday, the company said it has extended its contract with London-listed engineering company Costain Group PLC in a new three-year deal. Under the contract, Phoenix will deliver services to Costain including infrastructure, business continuity and cloud services, and an extension of the range of current services it provides including service desk, desk-side and field support.
No financial details of the new contract were disclosed.
Shares in Phoenix were up 1.5% to 126.86 pence on Thursday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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