Proactive Investors - Run By Investors For Investors

Porta on track to deliver positive EBITDA for full year

Porta on track to deliver positive EBITDA for full year

Marketing specialist Porta Communications (LON:PTCM) remains on track to deliver positive underlying earnings (EBITDA) for the full year.

The firm said that after five months' trading of the current year, fee income had grown by around 2.4 times to over £8 million and EBITDA, after all costs, hAD increased by some £1.6 million to approximately £0.8 million compared to the same period last year.

The firm is upbeat on the communications division, under the Newgate brand, which has performed ahead of budget, notably in Australia, and has received new business, while it expects the marketing and advertising division to improve over the rest of the year after efficiency measures.

View full PTCM profile View Profile

Porta Communications PLC Timeline

Related Articles

Apollo 11
February 22 2018
Immersive VR, a technology company focused on the education space, was the first company Sure backed
ipad
September 19 2018
“Cello Health is successfully building its early stage asset development advisory platform for biotech clients, as well as growing its core later stage and post-launch franchise with pharmaceutical clients”
clapperboard
November 16 2018
According to Liberum, FFI expects the US performance to normalise by the end of this financial year

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use