Trading Update

RNS Number : 9854F

Aeorema Communications Plc

23 May 2017

 

Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

23 May 2017

Aeorema Communications plc ('Aeorema' or 'the Company')

Trading Update

Aeorema Communications plc, the AIM-traded live events agency, provides a trading update.  As outlined in the Company's Interim Results in January 2017, it was anticipated that trading in the second six months of the year would remain challenging; this has proven to be the case.  Consequently, the Board of Aeorema expects profit to the year ended 30 June 2017 to be not less than £200,000.  This figure remains subject to audit.  

The Company is in a strong cash position but the Board believes it is prudent to review its dividend policy.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

**ENDS**

For further information visit www.aeorema.com or contact:

Gary Fitzpatrick                                                                Aeorema Communications plc                  Tel: [phone]

Marc Milmo/Catherine Leftley                                  Cantor Fitzgerald Europe                             Tel: [phone]

Isabel de Salis/Megan Dennison                               St Brides Partners                                           Tel: [phone]

 

END

 

 

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