Shares in Wilmington Group (LSE:WIL) PLC climbed over 9% after the company said its profits for the current year will exceed market expectations by at least 10% after the successful arrangement of a major face-to-face event in the US - Rise National.
Consensus market forecasts for the year to 30 June 2022 are for adjusted pre-tax profits of £18.5mln.
Trading was already ahead of expectations before the event took place, the provider of data, information, education and training in the global Governance, Risk and Compliance markets said in a statement.
"We are delighted that Rise National has successfully returned to being a face-to-face event,” commented Wilmington CEO Mark Milner. “This major event and the more general return of face-to-face events is a further cash generative boost to our profitability in the current financial year and beyond."
Shares were up by 9.24% at 272p in mid-morning trade.