21 July 2016 – trading update
A trading update has been released covering the first half of 2016. Double-digit growth in revenue and profit is expected following the benefit of acquisitions. Net debt fell to £9.4m in the period. The year as a whole is weighted towards the second half but this news is reassuring, particularly given recent share price weakness. Interim results are due out on 22 September and ahead of that or other news we rate the shares as a BUY.