STADIUM GROUP:Well ahead of market expectations
The AIM listed provider of electronic manufacturing services announced that, as a result of strong trading in the final quarter of the year, results for the year ended 31 December 2009 are likely to be ahead of market expectation by approximately 10 to 15%.
Only 2 brokers follow Stadium with consensus estimates for the year ending 31st December 2009 for pre-tax profit of £2.2m, earnings per share of 5.89p and dividend per share of 1.96p.
Not surprisingly the share price received a nice boost following this news rising 16% on the day to 50p, although only 20,500 shares were traded!
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