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TRB Tribal Group Plc

52.50
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
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

Tribal Group PLC Pre-close Trading Update (4895M)

31/07/2017 7:00am

UK Regulatory


Tribal (LSE:TRB)
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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

END

TSTRPMATMBJTBBR

(END) Dow Jones Newswires

July 31, 2017 02:00 ET (06:00 GMT)

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