LONDON (ShareCast) - Radio broadcaster UBC Media said it expects annual results to be in line with forecasts, with sales up 17% from the year before.
The company added that it is reviewing its exposure to recurring digital costs while it continues to see strong cash flows from both its core businesses and the proceeds from the sale of the Classic Gold network.
The group sold its Classic Gold network to GCap Media last year for just under £5m
UBC Media will report its results for the year ended March 31 in June.