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1Spatial forecasts annual earnings beat
StockMarketWire.com
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Location data group 1Spatial said it expected its annual results to beat market expectations following a strong showing in the second half.
Revenue for the year through January was seen rising slightly to £24 million, up from £23.4 million year-on-year.
Adjusted earnings before interest, tax, depreciation and amortisation were expected 'in excess of £3.2 million', compared to £3.2 million year-on-year.
'The board is confident that the group's progress over the last year is set to continue in the coming year,' 1Spatial said.
'Nevertheless, the board remains cautious in managing potential risks resulting from the Covid-19 pandemic.'
At 9:58am: (LON:SPA) 1Spatial PLC share price was 0p at 27p
Story provided by StockMarketWire.com
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