| CATEGORY: SMALL CAPS NEWS SECTOR: FINANCIAL SERVICES |
Neteller expects H1 to be in line |
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Thu 03 Jul 2008
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LONDON (SHARECAST) - Online payments specialist NETeller said it has continued its good start to 2008 and expects to report first half results in line with expectations.
Reported revenue for the second quarter of the year expected to be around 10% ahead of the first quarter.
The group, which provides money transfer services said it is, "continuing to invest in developing its businesses and is confident of further progress in the second half of the year as the Group's growth plans remain on track."
Last week Neteller announced that it is close to completing the sale of its principal Calgary property and expects to provide a further update on or before 11 July 2008.
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