LONDON (ShareCast) - Digital entertainment group Amino Technologies expects both full-year revenues and profits to grow thanks to a continuation of the strong performance seen in its core markets during the first-half.
The trading update also revealed that the group's acquisition of Booxmedia has added to its confidence that it will meet current market expectations for the year.

The group anticipates that excluding acquisition costs, the net cash balance will be £2.3m ahead of the previous year.

Amino experienced good progress in its core markets of Western Europe and North America and reported strong momentum in new markets, including the Middle East and Africa.

"The company expects the traditional second half seasonal weighting in revenues to continue and is confident that results for the full year ending 30 November 2015 will be in line with current market expectations," it said.

It also confirmed that it intends to recommend a dividend of 1.265p per share, up 10% from last year.

Non-executive chairman Keith Todd said: "This strong first half performance together with the recent Booxmedia acquisition underpin our confidence in delivering the full year performance."

N+1 Singer analysts left their 'buy' recommendation unchanged and said: "We do not expect to change our full year revenue or profit before tax forecasts at this stage of the year, but a strong first half leaves the group well placed to achieve our full year forecasts."

Shares rose 1.81% to 140.5p on Thursday at 14:21.

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