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Belgravium To Meet Full-Year Expectations On Strong 2nd Half

Fri, 31st Jan 2014 09:31

LONDON (Alliance News) - Belgravium Technologies PLC said Friday it expects its full-year results to meet forecasts, excluding exceptional costs, as it saw a stronger second half.

The hardware, software and services company said its second half had been stronger than the first. The company has incurred exceptional costs in its acquisition of Feedback Data Ltd earlier in the year, as well as restructuring within Feedback and other parts of the company.

Belgravium said it was confident the acquisition and restructuring would see benefits in 2014.

The company will announce its full-year results March 5.

Shares in Belgravium were trading up 4.0% at 4.94 pence Friday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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