Elixirr International Share News (ELIX)

(Sharecast News) - Management consultancy firm Elixirr International said on Monday that trading since the midway point of 2020 had been "strong".
Elixirr stated that it had turned in another record revenue month in September, following previous all-time high months in both June and July.

As a result of the solid showing, the AIM-listed group now anticipated that adjusted underlying earnings for the year ending 31 December will be in excess of £9.25m on an IFRS 16 basis. On an IAS 17 basis, adjusted EBITDA was pegged to be more than £8.75m, ahead of market expectations of £7.8m.

Elixirr also highlighted that it had no debt and cash balances of £16.8m.

As of 0945 BST, Elixirr shares were up 9.43% at 251.70p.