Auction Technology Group Plc (ATG.L), an operator of marketplaces for curated online auctions, said on Thursday that it expects its annual revenue to be $174 million, an increase of 5 percent from last year.
The Group's cost performance was in line with its expectations to boost its adjusted EBITDA margin in the second half of the year benefiting from phasing of costs.
The company expects its adjusted EBITDA margin of 45 percent to 46 percent, for the year.
Auction Technology is scheduled to report its annual results on November 27.
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