Eleco sees annual profit growth of at least 10%

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Construction software specialist Eleco said it expected annual results to show pre-tax profit growth of at least 10%.

The company said it expected to report revenues similar to 2019, which stood in excess of £25 million, whilst pre-tax profit was expected to be at least 10% ahead of the prior year.

'The business finished the year strongly with total revenues in the second half improving 6% on the first half of 2020 and being some 2% ahead of the equivalent period in 2019,' the company said.

At 9:30am: (LON:ELCO) Elecosoft PLC share price was 0p at 81.5p