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(Sharecast News) - Aeorema Communications reported higher revenue and underlying profit for its extended 2025 financial period on Monday, and said trading in early 2026 had been encouraging with strong forward visibility.
The AIM-traded strategic communications group said revenue rose 7% to 29.5m for the 18 months ended 31 December, compared with unaudited revenue of 27.5m for the equivalent 18-month period to December 2024.
Underlying profit before tax increased 107% to 797,000 from 387,000, while profit before tax excluding non-trading foreign exchange losses and a liquidation loss rose 37% to 437,000 from 318,000.
Reported profit before tax was 170,000, reflecting a 251,000 non-cash, non-trading foreign exchange loss and a 16,000 loss on liquidation.
Aeorema said underlying performance showed the operational progress made during the period.
The company completed a restructuring and cost reduction programme, creating a leaner and more senior-weighted operating model.
It said it had expanded its presence across major international events including Cannes Lions, Davos, CES, Climate Week and the United Nations General Assembly.
Cash stood at 2.2m at the end of December, while average cash balances were around 2.9m over the 12 months to 30 April 2026.
Aeorema paid an interim dividend of 3p per share during the period and proposed a final dividend of 1p, taking total dividends for the 18-month period to 4p per share.
Since the period ended, Aeorema said it had delivered its first activations at SXSW in Austin and POSSIBLE in Miami, secured record bookings for Cannes Lions 2026, and bought back 257,500 shares at an average price of 65p each.
Cash balances had risen to 4.1m by the date of the announcement.
Chairman Mike Hale said the group had delivered "a strong set of results" and had completed "an important strategic reshaping of the business".
"The business has evolved significantly," Hale said.
"We are delivering fewer, but larger and more strategically important projects, continuing to compete successfully against much larger global agencies and further strengthening our relationships with leading international brands."
Hale said the board believed Aeorema was well positioned for further progress in 2026 and beyond, supported by a more focused operating model, momentum in key international markets and a growing pipeline of higher-value opportunities.
At 1144 BST, shares in Aeorema Communications were up 1.31% at 58.26p.
Reporting by Josh White for Sharecast.com.
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