10 April 2018 – trading update
The group has issued a positive trading update for the year to 31 March 2018 with the second half of the financial year benefiting from a number of contract wins which will also help to underpin the group’s performance in the new financial year which has just commenced. The results for the year that has just ended are likely to see revenues and adjusted pre-tax profit ahead of the same period last year. A more detailed update is due to be announced on 23 April. Following the recent weakness in the share price we re-iterate our recommendation of BUY.