21 October 2016 – trading statement
The IT infrastructure group has issued a third quarter trading update revealing a 2% rise in revenue, with the nine months to 30 September showing a 4% rise. A strong third quarter performance from the operations in Germany made up for disappointing sales in both the UK and France, but the group remains on track to meet expectations for 2016 as a whole. At the end of September, the group had net funds of £96.7m, up by £29m on last year and net funds at the year end are likely to be a record. The shares remain ATTRACTIVE.