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(Sharecast News) - Next 15 said on Wednesday that trading for the four months to 31 May was in line with expectations, supported by a strong performance in its Digital Transformation business.
The AIM-traded group said Transform had been appointed as a lead delivery partner within i10 for Defra's ADMS+ programme, a significant contract expected to run over multiple years.
It said it had made further progress on portfolio simplification through the partial sale of Elvis Communications to Wonderhood Studios, while the Mach49 arbitration remained ongoing.
Chief executive Sam Knights said it had been "an encouraging start to the year", adding that trading was led by growth in Digital Transformation and that Next 15 remained confident for the year ahead.
At 1134 BST, shares in Next 15 Group were down 4.76% at 250p.
Reporting by Josh White for Sharecast.com.
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