News Column

Aeorema Communications Confirms Profit To Meet Market Expectations

July 28, 2014

Hana Stewart-Smith

LONDON (Alliance News) - Aeorema Communications PLC Monday confirmed that its pretax profit will not be less than market expectations for the year to the end of June.

The events and communications company said it had undertaken a number of high profile events during the year, including the first of its three-year contract at the Cannes Lions event.

It expects its cash at the year end to be around GBP1.5 million.

Aeorema cited the appointment of Steve Garvey as chief executive of its Aeorema Ltd business, saying its senior management has been strengthened as it builds on its reputation in events management.

It expects to announce its full year results on or around October 17.

Shares in Aeorema were untraded Monday; the stock last closed at 54.00 pence.

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Source: Alliance News

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