XLMedia expects to report record revenues from the first half of 2014, a trading update reveals.
The digital marketing service provider experienced strong levels of growth in its core channels and from its new media platforms including mobile and social media. Overall performance is in line with market expectations, although strong growth was underpinned by leading Scandinavian markets, as well as in English and German speaking countries, where demand from gaming operators remains high.
The company said it expects record turnover with an increase of at least 22 per cent compared to the equivalent period in 2013, according to their revision for the six months ended 30 June 2014.
Chairman Chris Bell commented:
“We are pleased with XLMedia’s performance in the first half of the year. Our core business remains very strong and we are making good progress with our strategy across the board. I look forward to updating the market in due course.”
The group will announce its interim results for the six months ended 30 June in September 2014.