LONDON (Alliance News) - Universe Group PLC on Tuesday said it expects trading in 2016 to be weighted towards its second half, as it was in the previous year.
The company, which develops and supplies point of sale, payment and online loyalty systems, said in a statement ahead of its annual general meeting that trading in the first half of 2016 has been in line with its expectations.
It is currently implementing new installations for recently won contracts, which will result in the second half weighting.
Shares in Universe Group were up 3.2% at 10.45 pence Tuesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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