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Trading statements

Anite Q3 ahead of forecasts

10 February 2015 14:34

Third quarter trading at Anite - leading provider of software and hardware solutions to the international wireless market - was ahead of the board's forecasts, underpinning unchanged expectations for the year as a whole.

The group said trading in what is traditionally a quiet third quarter has continued the strong positive trends of the latter part of the first half. This was consistent with the build-up of momentum in both of Anite's businesses that was reported at the half year results in December.

It said that further good progress has been made with the integration of Xceed, acquired in October, which has performed as expected in the period.

Chief executive Christopher Humphrey said: "Following a good third quarter, we have entered the seasonally important final trading quarter with a larger pipeline of sales opportunities than at the same time last year and improved confidence in the outlook for the year as a whole."

At 2:34pm: (LON:AIE) Anite PLC share price was +6.63p at 88.13p

Story provided by StockMarketWire.com

Related Company: AIE

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