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Trading Update

23 May 2017 13:01

RNS Number : 9854F
Aeorema Communications Plc
23 May 2017
 

Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

23 May 2017

Aeorema Communications plc ('Aeorema' or 'the Company')

Trading Update

 

Aeorema Communications plc, the AIM-traded live events agency, provides a trading update. As outlined in the Company's Interim Results in January 2017, it was anticipated that trading in the second six months of the year would remain challenging; this has proven to be the case. Consequently, the Board of Aeorema expects profit to the year ended 30 June 2017 to be not less than £200,000. This figure remains subject to audit.

 

The Company is in a strong cash position but the Board believes it is prudent to review its dividend policy.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

 

 

**ENDS**

 

For further information visit www.aeorema.com or contact:

 

Gary Fitzpatrick Aeorema Communications plc Tel: 020 7291 0444

Marc Milmo/Catherine Leftley Cantor Fitzgerald Europe Tel: 020 7894 7000

Isabel de Salis/Megan Dennison St Brides Partners Tel: 020 7236 1177

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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