After the market closed on Tuesday, Seymour Whyte announced it expected revenue to exceed the guidance provided in September. Management said it is now expecting revenue to be in the order of $300 million as opposed to previous guidance of $283 million.

However, the company’s previous profit guidance of $14 million has been maintained. This equates to earnings per share of 18¢, which would represent an increase of 14 per cent compared with 2010-11.