Amino’s trading update is reassuring, showing revenue and PBT in line with revised expectations post the disappointing October update. The group’s cash position is strong with net cash of £2.1m at the year-end, which is ahead of our original expectations. The Booxmedia and Entone acquisitions have been quickly integrated, leaving the combined group with a strong product set and a significantly strengthened customer base. The sales team has been restructured to provide better focus in all key reg ....
03 Dec 2015
Trading update reassures
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Trading update reassures
Aferian plc (AFRN:LON) | 12.5 0 0.0% | Mkt Cap: 13.9m
- Published:
03 Dec 2015 -
Author:
Oliver Knott -
Pages:
3
Amino’s trading update is reassuring, showing revenue and PBT in line with revised expectations post the disappointing October update. The group’s cash position is strong with net cash of £2.1m at the year-end, which is ahead of our original expectations. The Booxmedia and Entone acquisitions have been quickly integrated, leaving the combined group with a strong product set and a significantly strengthened customer base. The sales team has been restructured to provide better focus in all key reg ....