1 Sep 2016 12:46
Avesco Group plc
Trading Update
Avesco Group plc (the "Group"), the provider of services to the corporate presentation, entertainment and broadcast markets, is pleased to report that trading over the summer months has been strong, particularly in its Creative Technology ("CT") division.
In the US, CT continues to grow revenue, while CT London had a very successful Olympics in Brazil providing equipment and services to many of the ceremonies and events in and around Rio de Janeiro. CT London will be providing further equipment and services during the Paralympics.
Consequently the directors anticipate that results for the year to 30 September 2016 will be comfortably ahead of their previous expectations.
For further information please contact:
Avesco Group plc 01293 583400
Richard Murray, Executive Chairman
John Christmas, Finance Director
finnCap 020 7220 0500
Julian Blunt, Corporate Finance
Malar Velaigam, Corporate Broking