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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 |
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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