INTQ.L Share News (INTQ)

LONDON (Alliance News) - Digital and mobile marketing company InternetQ PLC Thursday expressed confidence in meeting market expectations for 2015, as revenue rose 10% in its first half.

According to a forecast provided by Morningstar, Canaccord Genuity Ltd expects InternetQ to post a pretax profit of GBP13.9 million for its full year.

InternetQ said in a trading update that revenue rose to around EUR72 million for the half year to end-June, compared to UD65.1 million a year before, driven by growth at its Minimob business-to-business mobile marketing segment.

Adjusted earnings before interest, tax, depreciation and amortisation increased by around 35%, the company said. It did not detail how the figures were adjusted.

"InternetQ is entering the historically busier second half of the year from a position of greater strength. We see greater momentum in the mobile marketing business and are set to drive synergies and serve new geographies in the digital entertainment business. We have a solid pipeline with good visibility and continue to invest in further growth," said Founder and Chief Executive Officer Panagiotis Dimitropoulos in a statement.

InternetQ will announce its interim results on September 30.

Shares in InternetQ were trading up 0.6% at 295.71 pence Tuesday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.