Falanx Shares Up As It Expects Double-Digit Interim Revenue Growth

Mon, 11th Nov 2019 10:09

(Alliance News) - Falanx Group Ltd on Monday said it expects its interim results to show year-on-year revenue growth of 20%.

The stock was trading 6.1% higher in London on Monday at 1.64 pence a share.

The AIM-listed cyber security and intelligence services provider reported revenue of GBP2.2 million for the six months to the end of September 2018, meaning that it expects to post about GBP2.6 million in revenue for the recent period.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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