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Set-top box maker Pace expects growth in 2015

Reuters - UK Focus

March 3(Reuters) - British set-top box maker Pace Plc (Other OTC: PCMXF - news) said it expected revenue for 2015 to be about $2.75 billion, with adjusted EBITA around $255 million.

Analysts on average expect revenue of about $2.74 billion for the full-year ended Dec. 2015, according to Thomson Reuters I/B/E/S.

The company, whose three major customers are Comcast Corp , AT&T Inc (Sao Paolo: ATTB34.SA - news) and DirecTV (NasdaqGS: DTV - news) , said full year pretax profit rose 34.3 percent to $175.7 million for the year ended Dec. 31.

The TV decoder maker said revenue rose 6.1 percent to $2.62 billion. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Anupama Dwivedi)