Aeorema Communications Plc Trading Update (9028F)
18 July 2019 - 4:00PM
UK Regulatory
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
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contact rns@lseg.com or visit www.rns.com.
END
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