20th Jul 2015 06:57
LONDON (Alliance News) - XLMedia PLC on Monday said its remains "comfortably" on track to meet market expectations for 2015 as it said its revenue and adjusted earnings should be well ahead year-on-year.
The marketing services company said its revenue for the first six months of the year should be no less than USD36.4 million, up 83% year-on-year, while its adjusted earnings before interest, taxation, depreciation and amortisation should be at least USD12 million, up 87% year-on-year.
"We are delighted with the strong financial performance the group has delivered in the first half of 2015. We closed two acquisitions during this period which enhanced our mobile capabilities and we look forward to generating additional revenue streams as these businesses are fully integrated into the group," said Ory Weihs, XLMedia's chief executive.
By Sam Unsted; [email protected]; @SamUAtAlliance
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