Eckoh update gets positive market feedback

AIM-listed secure payments and customer services specialist Eckoh (LON:ECK) has confirmed that trading was in line with expectations during the year ended 31st March. There was revenue growth for both the US and UK divisions and management said that this hit double digits for new business in both regions during the second half.

Cash generation was strong during the period, with cash levels at the close more than twice the level seen at the start of the year.

The price of Eckoh shares rose by 5.96% to 42.65p (as of 14:15 BST).