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WILL THE WORLD CUP ENABLE PACE TO BEAT EXPECTATIONS IN 2010?

JONATHAN IMLAH | ALTIUM

“Pace’s quarter one management statement confirms that trading has continued in line with expectations against a backdrop of robust demand for the company’s products. With regard to margin outlook, the statement confirms that gross margins are expected to increase.”

IAN ROBERTSON | SEYMOUR PIERCE

“ High definition and 3D are seasonal products and are pushed to new subscribers around sports events and Christmas. The statement today confirms the marketing push has worked and that demand from operators is strong. Pace are expecting five per cent revenue growth.”

ARUN GEORGE | EXECUTION NOBLE

“Forecasts for the company look good and if trends remain positive in the second half of the year then Pace could come in ahead of expectations. Today’s statement confirms trading is in line and there is room for operating margins to improve.”

ANTHONY MILLER | TECHMARKETVIEW

“Today’s announcement by Pace is no surprise. The World Cup is a truly global event and major sporting events generate huge interest. There has been no change in their forecasts, as the company will have already accommodated the World Cup into its sales expectations.”