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(Sharecast News) - Shares in Aeorema Communications jumped on Tuesday after the AIM-listed strategic comms firm hiked its profit guidance for the full year following a strong start to the second half.
Revenues for 2026 are expected to be "no less than £22.6m", up from previous guidance of £22.0m, while adjusted pre-tax profit is predicted to be at least £1.0m, up from £810,000 previously.
Ahead of its interim results, due on 22 September, chief executive Steve Quah said the upgrade reflects the "continued momentum we are seeing across the business".
"The position we are in today reflects the changes we made to the business last year and the strength of our client relationships. The move to a December year-end is also proving beneficial, giving us much better visibility over the full year and putting us in a stronger position to provide shareholders with clear and timely guidance," Quah said.
The stock was 15% higher at 74.35p by 1510 BST.
See the latest RNS on Investegate.
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