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Be Heard investors cheer as firm expects full year to be “comfortably” in line with expectations

The digital marketing and services group said it had seen good revenue and adjusted EBITDA growth, with overall trading ahead of both budget and the prior year
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The digital marketing firm said all its partner companies were performing in line with expectations

Be Heard Group PLC (LON:BHRD) is expecting its full year performance to be “comfortably in line with expectations” after good growth in the first quarter.

In an update ahead of its AGM on Wednesday, the digital marketing and services group said it had seen good revenue and adjusted earnings (EBITDA) growth, with overall trading ahead of both budget and the prior year.

READ: Be Heard has now turned a profit in each of the past nine months

All partner companies were performing in line with management expectations, Be Heard said, adding that the positive start to the year had been accompanied by a number of new contract wins with entities including the Chartered Institute of Taxation and Drinkaware.

Looking ahead, the company’s chairman David Morrison said that the new business pipeline was “robust” and the board was confident of achieving “a satisfactory result for 2019”.

Investors seemed to cheer the update in late-morning on Wednesday, with the shares rising 2% to 1p.

--Adds share price--

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