A mild Christmas has prompted billing services group Paypoint PLC (LON:PAY) to trim its expectations for the year.
The warmer weather affected energy transactions within UK bill payments while parcel volume growth was also at the bottom lower end expectations.
Profits before exceptional items will still rise in the year to March said chief executive Nick Wiles, but at a more modest rate than previously expected.
Underlying revenue rose by £1.3mln to £32.7mln in the three months to December, as service fees increased, Paypoint One was rolled out further and bill payments in the UK and Romania performed solidly.
