Avast's confident update sends cybersecurity firm to top of FTSE


FILE PHOTO: The logo of Avast Software company is seen at its headquarters in Prague, Czech Republic, April 12, 2018. REUTERS/David W Cerny

LONDON (Reuters) - Cybersecurity firm Avast said it had made a good start to the year, with organic revenue rising 10.4% in the first quarter, and forecast revenue growth at the top end of its 6-8% range, sending its shares to the top of the FTSE on Tuesday.

Chief Executive Ondrej Vlcek said there was continued demand for the London-listed company's security, privacy and performance products, and he looked forward to the rest of the year with confidence.

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