LONDON (Thomson Financial) - BATM Advanced Communications Ltd. said it
expects revenues and operating profits for 2008 to be significantly higher than
present market forecasts and its earlier expectations.
In a statement ahead of its AGM, the company said growth has continued to be
very strong, with trading significantly exceeding its expectations.
BATM said it expects to exceed current market forecasts of revenues of $110
million for the full year, following last year's reported figure of $97 million,
by at least a further $10 million.
The company added it expects its investments to make a positive contribution
to its performance this year and to grow substantially next year and beyond.
TFN.newsdesk@thomson.com
bsu/lam
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