Ebiquity Share News (EBQ)

Ebiquity has achieved costs savings faster than expected which means that operating profit will be higher than expected at the interim stage. The AIM-quoted media analysis and data provider says that it is comfortable with the current full year estimates of an underlying profit of £4.2m but there could be opportunities to upgrade later. Ebiquity bought Xtreme Information Services in April and the cost savings will be achieved by next April. There will be higher restructuring charges in the first half than originally thought. However, the overall costs of integration will be lower than expected. The interim figures will be published on 19 January.