Tavistock has confirmed that its trading result for the year ended 31 March 2020 is in line with market expectations, our forecasts are for underlying EBITDA of £1.8m. A particular highlight has been the outperformance of the protected portfolios which the Company provides to clients. Despite the strong performance Tavistock is not immune to the impact of Covid-19 which it states has made commercial conditions extremely challenging. A number of actions have been implemented to protect p

08 Apr 2020
Trading in line, Covid-19 creating uncertainty

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Trading in line, Covid-19 creating uncertainty
Tavistock Investments PLC (TAVI:LON) | 6.8 0 0.0% | Mkt Cap: 37.6m
- Published:
08 Apr 2020 -
Author:
Matt Butlin -
Pages:
5 -
Tavistock has confirmed that its trading result for the year ended 31 March 2020 is in line with market expectations, our forecasts are for underlying EBITDA of £1.8m. A particular highlight has been the outperformance of the protected portfolios which the Company provides to clients. Despite the strong performance Tavistock is not immune to the impact of Covid-19 which it states has made commercial conditions extremely challenging. A number of actions have been implemented to protect p