dotdigital soars on the back of strong revenue growth

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dotdigital soars on the back of strong revenue growth
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Shares in email marketing specialist dotdigital (LON:DOTD) soared 13.9p to 86.7p (as at 10:43 BST) as it said group revenues grew c.35% to £43.1 million for the year to 30th June. Adjusted EBITDA and operating profit are expected to be in line with market expectations.

“This year reflects substantial progress against the Company’s strategic aims in accelerating our platform capabilities into the omnichannel space, continuing to innovate our product, growing geographically and deepening our relationships with our strategic partners,” commented CEO Milan Patel.

“Alongside our organic growth strategy, we will continue to look for acquisitions of an earnings enhancing or strategic nature that could add to the platform capabilities.”

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