Aeorema Communications PLC - London-based live events agency - For the first half ending December 31, expects revenue to be at least GBP4.5 million, more than doubling from GBP1.7 million. In addition, expects the interim period to be profitable for the "first time in many years".
Also remains confident of continued revenue growth for the financial year as a whole.
In addition, Aeorema has appointed Hannah Luffman to its board as group commercial director. Luffman was formerly strategy director at the company for a year since 2020.
"This is an incredibly exciting time for us as a business developing a global footprint and we are thrilled to be reporting an expected return to profitability for the first half of the financial year, following a period of successful transition to innovative, hybrid solutions tailored to client requirements," says Chief Executive Officer Steve Quah.
Current stock price: 58.25 pence, up 31% on Tuesday
Year-to-date change: up sharply from 24.00p
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Aeorema Comm. (AEO)