Alpha FX Group confident of meeting full-year expectations
StockMarketWire.com - Foreign exchange service provider Alpha FX Group said Wednesday it continued to anticipate that earnings for the full year would be in line with expectations amid rising revenue.
Revenue for the six months through June is expected to be approximately £9.6m, an increase of over 50% from the same period a year ago.
The upbeat performance was driven by strong growth in the company's core UK corporate market and increasing 'traction' in both Europe and the institutional division, which launched in March, Alpha FX said.
'The board remains confident that earnings for the full year will be in line with expectations, the company said.
At 8:57am: (LON:AFX) Alpha Fx Group Plc share price was +10p at 540p
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