Register
Login:
Share:
Email Facebook Twitter


London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Alliance News


Aeorema Communications To Report Profit In Line With Market Views

Thu, 16th May 2019 12:49


LONDON (Alliance News) - Aeorema Communications PLC on Thursday said "strong trading" will result in the company reporting annual profit in line with market expectations.

"Aeorema has seen strong trading in the second half of the reporting period to date, with record revenues generated that will exceed those expected by the market," the live events agency said.

It added: "In this difficult trading environment, the company is pleased to have secured business wins with both new and existing clients, including a three-year contract with a global media company."

The new business wins, Aeorema continued, have contributed to a better second half compared to the first and underpin the firm's confidence in its full-year results.

The company is in a "strong cash position", Aeorema added, and it intends to pay a full-year dividend.

For the year that ended June 30, 2018, Aeorema posted revenue of GBP4.8 million and pretax profit of GBP58,685. It paid a dividend of 0.75 pence.

Aeorema shares were trading 5.6% at 27.97 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Alliance News



Back to Alliance News


Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk




Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.