Porta Communications plc (PTCM.L), a marketing and communications business, Thursday announced that the strong trading pattern highlighted at the time of preliminary results has continued throughout the first half of 2015. EBITDA after all costs will be significantly higher than that achieved in the whole of 2014.
As previously indicated, there will be a big reduction in exceptional costs, reflecting the growing maturity of all start-ups.
The company noted that the three main acquisitions made in 2014, Redleaf, Publicasity and PPS are all performing well, while the international start-ups, operating under the Newgate brand, in Australia, Hong Kong and Singapore are all trading at record levels.
The board remains confident about the outcome for 2015.
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