Eckoh falls despite solid H1 performance

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Eckoh falls despite solid H1 performance

The price of shares in AIM-listed secure payments specialist Eckoh (LON:ECK) dropped by 3.43% to 64.70p (as of 15:15 BST) after the company provided a trading update for the six months ended 30th September. Management said that the company was on track to deliver comparable profits to the prior year despite tough conditions.

The market was challenging during the first quarter but momentum has built during the second with significant growth in US cloud based transactions.

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