Amino “trading ahead of expectations”
October 10, 2016
Amino Technologies, the Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, has provided an update on current trading for the ten months to the end of September 2016.
In a statement the company said: “The Board is pleased to announce that the Group is trading ahead of expectations driven by record orders in August coupled with currently favourable foreign exchange effects. In addition, the strength of the current order book gives management confidence in continued growth for the year ahead. “
The statement continued: “The Board expects revenue for the full year ending 30 November 2016 to be slightly ahead of current market expectations; and full year adjusted EBITDA and adjusted profit before tax to be ahead of current market expectations.”