IN BRIEF: Eleco remains confident amid ‘strong’ start to new year

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Eleco PLC - London-based software provider, to the construction and built environment sectors - Ahead of its annual general meeting, says it continues to perform well in the first quarter of the year, with a ‘solid trading performance.’ Remains ‘confident’ in the outlook and trading remains in line with market expectations for the full year, it adds.

Non-Executive Chair Mark Castle says: ‘It is good to see that the hard work and delivery has started to be recognised in the share price, with a 45% increase over the past 12 months. We look forward to driving further growth across the group in the years ahead.’

Current stock price: 118.00 pence each, down 0.8% on Tuesday

12-month change: up 45%

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