Strong start to new financial year for Lo-Q

Theme park queuing specialist Lo-Q said it remains well positioned to perform in line with current full year market expectations as the new financial year starts on strong footing.

At its preliminary results in February, the group said it grew revenue and profit in double-digit terms with earnings further enhanced by the completion of its Accesso acquisition.

"With the continued momentum we have seen in the new business pipeline, the board believes Lo-Q remains well positioned to perform in line with current market expectations for the financial year as a whole," the group said in a statement.

The group, which has secured new business wins in the first half such as Palace Entertainments in January, Q-band at Dollywood's Splash Country and Camelbeach Mountain Waterpark, added that it has further invested in its patent portfolio.

CJ