(), the freight management firm, has said it expects to deliver profits for the year just ended that are significantly ahead of market expectations. Following higher than anticipated demand for its services in the UK and Europe during November and throughout December, the group now expects to report adjusted profit before tax of about £7.2mln for 2020, up 40% on 2019’s £5.15mln. The group said it traded well ahead of budget in the final two months of the year with strong performances from Central and Eastern European (CEE) countries, particularly Lithuania.
(), the independent publisher, has raised revenue and profit expectations for the year to the end of February 2021. The company said revenue for the current fiscal year is expected to be ahead of market expectations while profit is tipped to be “well ahead” of the current consensus forecasts. The publisher said the better-than-expected performance has been driven by continued strong trading in the Consumer division, for both Adult and Children’s publishing.
() said it has landed a new contract, with the company selected by an Asian telecoms company for campaign management operations. The marketing software firm described it as a recurring contract and over a three-year term said it is expected to generate US$1.0mln-US$1.2mln of revenue. The company is to provide a variety of services as well as its software product. Additionally, the company noted that it has also won additional business from an existing company. Pelatro is to provide advanced analytics to the client under the contract which is set to be a highly collaborative engagement with the client.
() has said electricity demand in India is starting to recover from the impact of the coronavirus (COVID-19) pandemic and it still expects to resume dividend payments this year. The coal-fired power station owner also said it will unveil a series of ESG in initiatives alongside its full-year results as criticism of the use of thermal power mounts. These plans will gradually reduce and offset carbon emissions from its Chennai plant, the group added, in recognition that a comprehensive decarbonisation strategy is critical for the company.
() has said it will provide the data management platform for a pilot coronavirus (COVID-19) programme being rolled out by an unnamed Fortune 500 American professional services and construction company. The tests will be supplied and administered its partner BHA-Medical Limited with Catenae securely processing the results via its GDPR-compliant technology before sending them to the individual employees. The data will also be fed into Public Health England’s database for use by the NHS Test and Trace service.
PLC () said it is “on track to deliver strong growth” in 2021 as it reported results covering the period prior to its flotation on the London Stock Exchange on October 2, 2020. For the period from incorporation on September 3, 2019, to September 30, 2020, the developer of…