- Leak detection and remediation solutions provider Water Intelligence said its profits were tracking 'comfortably' in line wit expectations after it boosted third-quarter revenue by 40%.

Revenue in the three months through September rose to $18.5m, up from $13.2m on-year.

Technology implementations were expected to further growth in 2019 and beyond, the company said.

'We are having yet another good year and we have delivered strong results,' executive chairman Patrick DeSouza said.

'However, we are not taking our foot from the proverbial gas pedal.'

'There is a big addressable market to attack and our entire team - franchise and corporate - wants to capitalize on the market opportunity.'

At 2:12pm: [LON:WATR] Water Intelligence PLC share price was +21p at 308p

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