Eckoh on the up after strong first half

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Eckoh on the up after strong first half
Master Investor Magazine

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The share price of AIM-listed secure payments provider Eckoh (LON:ECK) has risen by 4.40p (as of 15:40 GMT) after it published a trading statement for the half year ended 30th September. Management said that it had been a strong six months with double digit revenue growth in both the US and UK markets.

The company renewed a contract with a Fortune 100 telecoms firm in July and because of this, while the company expects growth to continue during the second half, the weighting for the year will be tilted towards the first half.

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