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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tribal Group Plc | LSE:TRB | London | Ordinary Share | GB0030181522 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.50 | 52.00 | 53.00 | 7,507 | 09:26:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 83.59M | -510k | -0.0024 | -218.75 | 111.42M |
TIDMTRB
RNS Number : 4895M
Tribal Group PLC
31 July 2017
31 July 2017
Tribal Group plc ("Tribal" or "the Group")
Pre-close Trading Update
Tribal, a leading provider of software and services to the international education markets, is today providing a scheduled update for the six months ended 30 June 2017.
The first half of the year has been a period of good progress, with the Group benefiting from the strategic, operational and management changes introduced last year.
During the course of this year the Group has enjoyed a healthy level of new UK domestic and international contract wins across all business units. Our clients are responding positively to the Group's revised product strategy, and the next generation cloud based platform for Student Management Systems, Tribal Edge, was well received at our Higher Education Customer Conference at the start of this month. The Group is successfully realising the further efficiencies and cost savings anticipated in the current year.
The Group has delivered an improved operating margin and maintained its strong balance sheet, in line with its plan.
Tribal is well positioned to make further progress in the second half, with a good pipeline of new opportunities, and the Board's expectations for the full year remain unchanged.
ends
For further information please contact:
Tribal Group plc Tel: 0117 311 5293 Ian Bowles, Chief Executive Mark Pickett, Chief Financial Officer Weber Shandwick Financial Tel: 020 7067 0700 Nick Oborne Tom Jenkins Investec Bank plc Tel: 020 7597 5970 Rowena Murray Sara Hale Daniel Adams N+1 Singer Capital Markets Tel: 0207 496 3000 Limited Shaun Dobson
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
July 31, 2017 02:00 ET (06:00 GMT)
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