iEnergizer expects operating profit 'significantly ahead' of market expectations

09:25 25/03/2019
StockMarketWire.com - Media solutions company iEnergizer said operating profit 'significantly ahead' of market expectations following strong performance in the second half of the financial year with a continued focus on higher margin work.

The growth in the second half of the year was from both existing and new clients in exciting new sectors, the company said.

'Revenue is expected to be ahead of market expectations and operating profit is expected to be significantly ahead of market expectations,' it added.

'We are pleased to report that the Company expects revenues and operating profit to be ahead of market expectations due to significant progress being made by colleagues across the Company to focus on the recurring high margin revenue streams,' said Marc Vassanelli, Chairman of iEnergizer.

At 9:24am: (LON:IBPO) iEnergizer Ltd share price was +20p at 142.5p



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