LONDON (Alliance News) - SafeCharge International Group Ltd on Thursday said its full-year adjusted earnings before interest, tax, depreciation and amortisation will be in line with expectations following strong trading in the fourth quarter of 2015.
The payments services provider said it will meet its adjusted Ebitda target of USD31 million for 2015, while the strong performance in December has continued into January.
SafeCharge added that it has signed a number of agreements with new customers, including two major sports betting operators and its first major airline client. The new customers are expected to go live on the SafeCharge platform in the first half of 2016.
"With robust current trading, a strong pipeline and new clients set to join the platform, the directors look forward with confidence for the 2016 financial year," SafeCharge said in a statement.
Shares in SafeCharge were trading down 0.3% at 242.25 pence on Thursday morning.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.