- Arcontech reported a rise in profits in the first half of the year as revenue climbed 18% after the company ramped up product sales to existing customers.

For the year ended 30 June 2019, pre-tax profits jumped 84% to £1.06m and revenues grew 18% to £2.97m.

The upbeat results were primarily driven by increasing our product sales to existing customers, the company said.

'We sold 300 Excelerators bringing those deployed in our customer base to 1,410 and doubled our Desktop software solution customer base to 90,' it added.

At 9:10am: [LON:ARC] Arcontech Group PLC share price was +19p at 177p

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