StockMarketWire.com - Technology company Ten Lifestyle Group says it will report better-than-expected revenue and profits in its forthcoming full-year report.

The company expected net revenue "slightly ahead of market expectations" of £43.3m, but marginally below 2019's revenue of £45.8m due to the adverse effects of the COVID-19 pandemic.

Adjusted earnings before interest, tax, depreciation and amortisation are also expected to be ahead of market expectations of £4.5m, which Ten Lifestyle said reflected "prudent cost management and improved efficiencies".

The company will announce its full year results for the year ending 31 August 2020 on 24 November.


At 9:20am: [LON:TENG] Ten Lifestyle Group Plc share price was +0.25p at 84.25p



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