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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sanne Group Plc | LSE:SNN | London | Ordinary Share | JE00BVRZ8S85 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 921.00 | 919.00 | 920.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSNN
RNS Number : 5236V
Sanne Group PLC
31 January 2017
31 January 2017
Sanne Group plc
("Sanne" or "the Group")
Trading Update and Notice of Results
Sanne, the specialist provider of outsourced corporate and fund administration, reporting and fiduciary services, today provides a trading update following the Group's financial year end on 31 December.
Following the trading statement provided on 30 November 2016, contained within the announcement of the acquisition of IFS, the Group has enjoyed continued momentum in the final month of the year and further benefited from a slightly better than expected performance in the US business, FAS. In addition, the Group has also seen a slightly lower than expected interest cost and a lower effective tax rate when averaged across the Group's 14 jurisdictions.
As a result of the trading position referenced above the Group expects to report an underlying operating profit for the year ended 31 December 2016 marginally ahead of the Board's previous expectations and, given the Group's interest and tax position, to report normalised earnings per share materially ahead of its previous expectations.
The Group will announce its full year results for the year to 31 December 2016 on 29 March 2017.
Enquiries:
Sanne Group plc Dean Godwin, Chief Executive Officer Spencer Daley, Chief Financial Officer +44 (0) 1534 722 787 Investec Bank plc Garry Levin / James Ireland Edward Thomas / Matt Lewis +44 (0) 20 7597 5970 Tulchan Communications LLP Tom Murray Stephen Malthouse +44 (0) 20 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTOKKDPCBKDPDN
(END) Dow Jones Newswires
January 31, 2017 02:00 ET (07:00 GMT)
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