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Journeo continues to perform well in H2
14th Dec 2020 10:18
(Sharecast News) - Information systems provider Journeo said on Monday that it had continued to perform well in the second half of the year.
Journeo said that trading was now expected to be ahead of the first half and meet market expectations for the full-year ending 31 December.
The AIM-listed company also noted that it had agreed to further extend the maturity date on £300,000 of loan notes, with the notes now being repayable on 31 March 2022.
Chief executive Russ Singleton said: "The company is performing well with an improved second half, strong order book and growing pipeline of sales opportunities based upon software and services for FY21 and beyond."
As of 1015 GMT, Journeo shares were up 8.70% at 50.0p.
Journeo said that trading was now expected to be ahead of the first half and meet market expectations for the full-year ending 31 December.
The AIM-listed company also noted that it had agreed to further extend the maturity date on £300,000 of loan notes, with the notes now being repayable on 31 March 2022.
Chief executive Russ Singleton said: "The company is performing well with an improved second half, strong order book and growing pipeline of sales opportunities based upon software and services for FY21 and beyond."
As of 1015 GMT, Journeo shares were up 8.70% at 50.0p.