Technology, media and telecomm

Spread betting firm to beat forecasts

Dublin-based spread betting company WorldSpreads says it expects its sales and pre-tax profits for the year to the end of March to be significantly ahead of expectations.

The company says it has expended in a way which means that it has 'little or no reliance' on any small groups or large clients.

It says growth has been seen in its main offices in Dublin and London, with satisfactory growth in its international sales.

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WorldSpreads raised £5.77m (€8.6m) after floating on London's AIM stock market last year.

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