(Alliance News) - Computer boards manufacturer Concurrent Technologies PLC on Tuesday said it expects its full-year revenue to beat expectations.
For 2019, underlying profit is expected to be in line with market expectations, the Colchester-based company added.
Concurrent said: "Based on its unaudited management accounts for 2019, the company confirms that it expects to report revenues slightly ahead of expectations, with underlying profitability in line with market forecasts."
In 2018, the company reported pretax profit of GBP3.0 million on a revenue of GBP16.6 million.
Shares in Concurrent were 3.8% higher at 83.04 pence each in London on Tuesday morning.
By Eric Cunha; ericcunha@alliancenews.com
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