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LONDON (Alliance News) - dotDigital Group PLC on Tuesday said it expects to report a significant increase in interim revenue after expanding both locally and internationally.
For the six months to the end of December, the marketing automation platform provider expects revenue to rise 33% to GBP24.9 million from a year ago.
Adjusted earnings before interest, taxes, depreciation and amortisation are expected to come in in line with market expectations.
The company's international business generated revenue growth of 37% to GBP6.0 million. International sales in the half represented 30% of the total sales of the company.
Chief Executive Milan Patel said: "I am pleased to report strong growth in our core business as we continue to win market share, despite a challenging retail backdrop in the first half of 2019."
He added: "Alongside our organic growth strategy, we will continue to look for acquisitions that are either earnings enhancing or strategic in nature which can add to platform capabilities or assist us with market share and people in geographic territories that are strategic to us."
The company will publish its half-year results on February 19.
dotDigital shares were trading down 4.5% at 78.33 pence each on Tuesday.
