LONDON (Alliance News) - Tangent Communications PLC said Wednesday that its trading for the six months ended August 31 had been in line with expectations.
The marketing-platform and services company said that it was encouraged by the second quarter key performance indicators, particularly strong levels of repeat spending and lower advertising expenditures. It posted sales of GBP2.12 million, with new customers of 12,854. Average order value for new customers was GBP37.71, and for repeat customers GBP62.58.
Tangent said that all other areas of its business were trading well, particularly property marketing group Ravensworth due to the improved UK property market.
Tangent's shares were trading up 1.13% at 6.70 pence Wednesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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