17 November 2017 – trading update
Results for the year ending 31 December 2017 are expected to be in line with current market expectations, an underlying profit before taxation of £6.5m and revenues in excess of £300m. Net cash at the year end is forecast to be around £9m. There is good visibility with revenue of £190m for 2018 and £100m for 2019 already secured. We rate the shares as a BUY.