LONDON (Alliance News) - Computer components company Concurrent Technologies PLC on Thursday said it expects revenue in the first half of 2015 to be ahead of its forecasts as the good momentum seen in the second half of 2014 continued into the new year.
Concurrent said it expects revenue in the first half of the year to be ahead of its previous predictions and significantly better year-on-year.
The company did warn, however, that the performance could be a one-off and said it may not be repeated in the second half.
Still, shares in Concurrent were up 10% to 48.00 pence in early trade, the best performer in the AIM All-Share.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Concurrent Technologies (CNC)