17th Jul 2014 11:07
LONDON (Alliance News) - XLMedia PLC said Thursday that it expects to see "record" revenues in the half-year to the end of June, with revenues up at least 22% over the previous year.
The digital marketing company said that it had continued to see strong levels of growth in its core digital marketing services and from its new media channels including mobile and social media.
The company's overall performance is in line with market expectations, it said.
XLMedia said it had continued to make progress in its strategy to enter new regulated markets, including a recent acquisition of a content website network for the Danish market.
It will announce its interim results in September.
"We are pleased with XLMedia's performance in the first half of the year. Our core business remains very strong and we are making good progress with our strategy across the board. I look forward to updating the market in due course," said Chairman Chris Bell in a statement.
Shares in XLMedia were trading up 6.0% at 47.95 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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