Touchstar forecasts earnings beat as shipments rise

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Enterprise mobile computing group Touchstar said it expected to beat its annual profit expectations after it completed a higher level of shipments to customers than first envisaged.

Revenue for for the year through December was seen rising by a slightly better-than-expected 8% to £7.1m.

'In addition, the financial result for 2019 will be better-than-anticipated at both the pre and post tax levels,' Touchstar said.

At year end, the company's order book stood at £1.2m, up from £0.25 a year earlier. It had subsequently increased to about £1.7m by the end of January 2020.


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