FDM Group (Holdings) plc AGM Statement (0103X)

TIDMFDM

RNS Number : 0103X

FDM Group (Holdings) plc

25 April 2019

25 April 2019

FDM Group (Holdings) plc

AGM Statement

FDM Group (Holdings) plc ("FDM" or the "Group"), a global professional services provider with a focus on Information Technology, today holds its 2019 annual general meeting.

David Lister, Chairman, will present the following update to the meeting:

"The Group has traded in line with the Board's expectations during the first quarter of 2019. Mountie revenues for the quarter were 18% higher than the corresponding 2018 quarter (constant currency basis 16%) and total revenues for the quarter were 16% higher than the corresponding 2018 quarter (constant currency basis 14%). Mounties on client site stand at 3,848 (2018: 3,310 Mounties deployed on client site).

The Group's balance sheet remains strong with significant cash balances and no debt.

The Board is confident that the Group is well placed to achieve its expectations for the current year and continue to deliver long term, sustainable growth."

This announcement contains inside information that qualified, or may have qualified, as inside information for the purposes of Article 17 of the Market Abuse Regulations (EU) 596/2014 (MAR).

ends

For further information please contact:

 
 FDM Group (Holdings) 
  plc                     Rod Flavell - CEO     020 3056 8240 
  Mike McLaren - CFO                            020 3056 8240 
 Nick Oborne (Financial Public Relations)       07850 127526 
 

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April 25, 2019 02:00 ET (06:00 GMT)