MySale Group plc Announces Trading Update for the First Five Months of 2014 ; Provides Earnings Guidance for the Full Year Ended November 30, 2014
The company anticipated that revenues for the full year ended November 30, 2014 will show double digit growth, despite the slowdown in the Australian economy, as its new markets continue to develop. Profit-before-tax is expected to be materially below market expectations, as MySale continues to grow its membership for the long term in newer markets.