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Sopheon signals strong end to 2018

"We are pleased to report continued commercial delivery in the final months of the year, evidenced by the recently announced partnership with global confectioner The Hershey Company."
Exultant trader
Momentum continued in the final quarter of 2018

Shares in Sopheon Group PLC (LON:SPE), which provides software for innovation management, opened modestly higher after an upbeat trading statement.

The company said revenue for the year just ended will be “comfortably in line” with the market expectations that were upgraded three months ago while early indications are for a stronger outperformance at the underlying earnings (EBITDA) and pre-tax profit levels.

READ: Sopheon surges after raising profit guidance

Sopheon issued the normal caveat that the figures need to be totted up and audited properly.

It expects to issue its results for 2018 on 21 March.

The shares were up 19p at 1,354p.


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