Advertisement

Optimal optimism

by isleofman.com 21st May 2014
At Optimal Payments’ annual general meeting, held in the Island today, the company’s interim chairman Jonathan Comerford announced that revenues for 2014 are forecast to exceed expectations.

In his statement, Mr Comerford said “At the time of the group's 2013 full-year results in March we announced an excellent start to 2014.
“The strong trading in 2013 has continued in the year to date with both Neteller and Netbanx businesses performing very well, with revenues ahead of the same period last year and ahead of Q4 2013. We look forward to a further boost from the World Cup in June and July"
Revenues and EBITDA for the full year to December 31, 2014, are now forecast to be materially ahead of market expectations.”
In 2013, group revenues rose by 41 per cent to $253.4m, EBITDA was up 89 per cent to $52.2m and net profit increased to $35.1m, from $1.2 million in 2012.?
Posted by isleofman.com
Wednesday 21st, May 2014 08:30pm.

Popular Articles

Upcoming Events

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
24 Feb

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
1 Mar
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide