Alterian shares rise on growth

Marketing software provider Alterian posted a 73 per cent rise in full-year revenue, to &pound;33.4m, helped by the acquisition of online software firm Mediasurface in July. However, the company said that one-off acquisition costs had driven pre-tax profit down by 34 per cent to &pound;3.6m.<br /><br />The company, which supplies software to about 1,000 marketing departments across 26 countries, said it continued to trade in line with its expectations since the year-end.<br /><br />The shares closed up five per cent on the news to 105p. The company's shares have risen 72.4 per cent since the beginning of the year.