10 April 2024 - trading update
The company has issued a trading update for the financial year to 31 March 2024 and this has confirmed that trading has been challenging over recent months as we warned in January. Revenues for the year are expected to be around £420m, a reduction of 5% compared with the previous year, with pre-tax profits expected to be at the lower end of expectations. We therefore reduce our expectations to £19m for earnings per share of 3.1p. Recent contract wins and an expected improvement in trading in the new financial year should enable the . . .
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