Veltyco finishes year on a high

Online gaming, lottery and financial trading marketing company Veltyco Group provided a trading update for the year to 31 December on Tuesday.

The AIM-traded firm said that, further to the update it gave on 13 December, it could confirm that trading in December continued to be strong.

“Based on the management accounts the board expects that the results for the year ended 31 December will be significantly ahead of market expectations with net revenues in excess of €5.7m, and the adjusted operating EBITDA for the full year 2016 in excess of €2m,” the board confirmed in a statement.

Veltyco said it expected to publish the audited final results in April.