Universe Group trading in line in first half

Investors in point-of-sale and loyalty systems supplier Universe Group heard how trading in the first half of the year was in line with management expectations at its annual general meeting on Tuesday.

The AIM-traded firm said it was currently implementing new installations for recently-won contracts.

“Therefore, like last year, the trading performance for the full year will be weighted towards the second half,” said chairman Andrew Blazye.

“I look forward to providing further updates on the group's progress in due course.”