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Concurrent Technologies expects to beat forecasts, will pay interim dividend
16th Dec 2020 09:37
(Sharecast News) - Computer products manufacturer Concurrent Technologies updated investors on recent trading on Wednesday.
Concurrent Technologies said based on its unaudited management accounts for 2020, the group expects to report revenues and profitability ahead of market expectations.
With cash generation remaining strong, the AIM-listed company also expects to pay a further interim dividend to shareholders on or before 6 April 2021.
As of 0935 GMT, Concurrent shares were up 13.47% at 109.50p.
Concurrent Technologies said based on its unaudited management accounts for 2020, the group expects to report revenues and profitability ahead of market expectations.
With cash generation remaining strong, the AIM-listed company also expects to pay a further interim dividend to shareholders on or before 6 April 2021.
As of 0935 GMT, Concurrent shares were up 13.47% at 109.50p.