blur forecasts 200 per cent rise in annual revenue

AIM-listed global service exchange group blur has published a trading update for the year ended December 31st, revealing strong revenue forecasts.

The group reported that it had seen "strong growth" across all key metrics during the year and said that the financial results for the year expected to deliver year-on-year revenue growth of over 200%.

Philip Letts, Chief Executive Officer of blur Group said: "We are delighted to have concluded our first reporting period as a publicly listed business in such a positive manner.

"We are now keenly focused on continued execution and believe that we are well on our way to building a world-beating services commerce platform."

Blur's share price was up 1.39% to 146p at 08:52 on Friday morning.

MF