Ceva set for strong Q2 results

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Ceva has reported an improvement in its second quarter results for 2009, although overall transaction volumes have remained low.

The third party logistics provider is expecting revenues for the second quarter to be 1.34 billion euros (£1.15bn)  and EBITDA before specific items to be between 67 million euros (£58m) to 71 million euros (£61m), compared to the first quarter revenues and EBITDA before specific items of 1.30 billion euros (£1.12bn) and 30 million euros (£26m) respectively. 

The results will be officially announced to the market on 12th August.

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