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XLMedia forecasts full year earnings ahead of expectations

22nd November 2017 6:51 am GMT
XLMedia

Shares in digital marketing specialist XLMedia soared by more than 14 per cent in London Tuesday after the company said that it expects full year pre-tax profit to be ahead of expectations.

The company said that it has continued to trade strongly since the half year end and therefore expects adjusted EBITDA (excluding share-based payments) for the year to be materially ahead of expectations.

The board further expects profit before tax to be ahead of expectations, albeit [...]

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