Shares of aim-listed business communications provider Daisy Group surged after it said full year revenues and adjusted EBITDA are expected to be in line with market expectations and it expects to announce its first dividend payment.
The group said free cash flow generation for the year ended March 31 2013 has been strong and is expected to be materially ahead of current market expectations. As a result, net debt will be at the low end of the current market range.
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