(MENAFN- ProactiveInvestors) Telecoms consultant Norcon () expects second half revenues to top the US$20mln it made in the first six months of the year as new markets open up.
In a trading update it added margins have continued to improve resulting in forecasted earnings before tax being broadly in line with 2013.
Last year the company generated revenues of US$46mln and Norcon added the full year total is likely to be 5% below that.
The firm offers outsourcing services to the telecommunications IT and defence sector but has been looking to reduce its reliance on one major client in Saudi Arabia.
In September Norcon’s chairman Trond Tostrup said it had secured deals in the US Europe Middle East and Asia Pacific.
"We continue to see the benefit from our strategy of diversification into wider markets with a further increase in our customer base and are confident our three year plan is on track” he said.
Shares were up 1% to 20p.
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