LONDON (Alliance News) - Digital Globe Services Ltd on Thursday said it has continued to see strong trading momentum in the first quarter.
Chief Executive Jeff Cox, in a statement to be given at the customer-acquisition consulting company's annual general meeting, said its adjusted earnings before interest, taxation, depreciation and amortisation margin as a percentage of sales in the first quarter to the end of September continued to improve against the second half of its 2015 financial year.
The group said its core business is performing well, with good activity in the telecoms, cable, satellite and higher-education markets.
"As we approach the end of the first half of our financial year trading is in line with market expectations for the full year and we remain positive about the company's future prospects, Cox said.
Shares in Digital Globe were up 11% to 70.50 pence on Thursday morning.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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