Cambridge-based Amino Technologies says its full year profit will be ahead of previous expectations with a return to revenue growth in the second half of the year.
In a trading update the company said sales performance has been encouraging and results in the second half of the year reflected a return to revenue growth for the Company.
Amino has secured new contract wins with “significant operators” in North America, Eastern Europe and the Middle East.
Commenting on the announcement, Keith Todd CBE, Non-executive Chairman, added: “We are pleased to report continued strong operational performance and return to growth over the past six months. This, together with the continued excellent cash generation, underpins the board’s confidence in the future growth opportunity. We are making very good progress with significant new tender activity in new and existing markets. Market reception to the new product portfolio has been very positive with good traction achieved and we look forward with confidence to the year ahead.”