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AEO Aeorema Communications Plc

62.50
1.00 (1.63%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aeorema Communications Plc LSE:AEO London Ordinary Share GB00B4QHH456 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 1.63% 62.50 60.00 65.00 62.50 61.50 61.50 38,127 14:25:42
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Television Broadcast Station 20.23M 757k 0.0794 7.87 5.96M

Aeorema Communications Plc Trading Update (9028F)

18/07/2019 7:00am

UK Regulatory


Aeorema Communications (LSE:AEO)
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TIDMAEO

RNS Number : 9028F

Aeorema Communications Plc

18 July 2019

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

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

18 July 2019

Aeorema Communications plc

("Aeorema" or the "Company")

Trading Update

Aeorema Communications plc, the AIM-traded live events agency, is pleased to provide a trading update further to its announcement of 16 May 2019; this reported strong trading in the second half of the financial year to 30 June 2019, with record revenues that would exceed market expectations and profits anticipated to be broadly in line with market expectations.

Following a strong end to the fourth quarter, the Company is pleased to announce that profit before tax for the year ended 30 June 2019 is expected to exceed GBP350,000, which is ahead of market expectations, on expected revenue of circa GBP6.7m. These numbers are subject to final audit.

Aeorema maintains a strong cash position and intends to pay a full year dividend, subject to the final audited results for the year, which are expected to be announced during November 2019.

**ENDS**

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

 
 Mike Hale               Aeorema Communications    Tel: +44 (0) 20 7291 
                          plc                                      0444 
 John Depasquale / Liz   Allenby Capital Limited    Tel: +44 (0)20 3328 
  Kirchner                (Nominated Adviser                       5656 
                          and Broker) 
 Catherine Leftley /     St Brides Partners        Tel: +44 (0) 20 7236 
  Gaby Jenner             Ltd                                      1177 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

TSTUBOBRKSABAAR

(END) Dow Jones Newswires

July 18, 2019 02:00 ET (06:00 GMT)

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