Porta Communications H2 revenues quadruple H1 levels

Strong growth generated in the second half of 2012 augers well for the year ahead at Porta Communications, with overseas development in Hong Kong expected.

A trading statement issued by the company on Monday morning revealed that more than £1.0m in annual fees of new business had been won across the group in November and total revenues in the second half were more than four times higher than the total in the first six months of the year.

Overseas opportunities in the pipeline for consideration

He added that the group was looking at a number of potential acquisitions overseas.

"It is the board's intention to maintain this strategy in the current year, particularly in the overseas development, where a number of exciting opportunities have been identified, either through acquisitions or start-ups. The first of these is our new public relations venture in Hong Kong which will also be our launch pad into mainland China."

Porta Communications is an AIM-listed holding company with the mandate to build an international communications and marketing business.

MF