23 July 2018 – trading update

The technology marketing and advertising group has announced a positive trading update covering the six month period to 30 June.  A strong start to the year has been seen with good levels of organic growth combining with new business wins to mean that headline pre-tax profit for the first half will show double digit growth.  The recent acquisition krow Communications has settled in well whilst the group’s balance sheet also remains strong.  As usual the company’s results for the year will show a bias towards the second half but the shares remain a BUY.