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ATG Auction Technology News Story

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UK's Auction Technology Group's shares surge on annual forecast boost

** Shares of British online auction operator Auction Technology Group ATG.L up 10.1% at 390.6 p

** ATG anticipates full year revenue growth of 5-6% at constant currency vs. previous guidance of 4-5% as value-added services like shipping and payments boost returns

** Co says good cash generation has materially reduced leverage, well on track for its target for FY26

** YTD, stock has risen ~33%

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com ;))

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