UPDATE 1-Pace says on track to meet own estimates for FY09
* Says performed well commercially, operationally * Says H2 average selling prices up vs H1
* Revenue, volume deliveries on track (Adds details)
Nov 4 (Reuters) - British set-top box maker Pace (PIC.L: Quote, Profile, Research) said on Wednesday it was on track to meet its expectations for the financial year 2009 as it continued to perform well.
The company, which makes devices for BSkyB (BSY.L: Quote, Profile, Research), Comcast Corp (CMCSA.O: Quote, Profile, Research) and Canal Plus (CNLP.PA: Quote, Profile, Research), said average selling prices were increasing in the second half compared with the first half, while its revenue and volume deliveries were in line.
"Given current market strengths, Pace's position and good order visibility, the group continues to be confident in management's expectations for the full year 2009," the company said in a statement.
Pace shares closed at 224 pence on Tuesday on the London Stock Exchange. (Reporting by Tresa Sherin Morera in Bangalore; Editing by Vinu Pilakkott)
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