Veltyco Group sees full year results 'significantly ahead' of market views

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Sharecast News | 05 Feb, 2018

Updated : 10:13

AIM-listed Veltyco Group, an online marketing company for the gaming industry, said on Monday that full-year results will be "significantly ahead" of market expectations following strong trading in December.

Revenues for the year to the end of December 2017 are expected to be in excess of €14.5m versus €6.1m in 2016, while operating earnings before interest, taxes, depreciation and amortisation are forecast to rise to more than €8m from €2.1m the year before.

Veltyco is due to publish its unaudited financial statement in April.

At 1005 GMT, the shares were up 13.4% to 91.40p.

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