iEnergizer PLC (LON:IBPO) saw its shares jump higher on Monday after the technology services and digital media solutions provider said it expects to beat market forecasts after a strong second-half performance.
The AIM-listed firm said its current year revenue is expected to be ahead of market expectations and operating profit is expected to be significantly ahead of market expectations.
READ: iEnergizer surges as higher margin work and new products push earnings up 39%
The company added that it performed strongly in the second half of the financial year with a continued focus on higher margin work, and growth coming from both existing and new clients in exciting new sectors.
Marc Vassanelli, iEnergizer’s chairman commented: "We are pleased to report that the Company expects revenues and operating profit to be ahead of market expectations due to significant progress being made by colleagues across the Company to focus on the recurring high margin revenue streams."
In early morning trading, shares in iEnergizer were 16% higher at 142.50p.