January’s pre-close trading statement had already stated that the FY16 revenue outcome was a record £163.1m (FY15: £148.9m) and indicated that profitability was in line with consensus expectations of £20.4m. The actual outcome of £20.5m is c. 2% ahead of ZC estimate of £20.2m. Organic FY16 revenue and profit growth of c. 10% and c.14% respectively is impressive in the context of an RMI market that was broadly flat during the year. This reflects Safestyle&rs
23 Mar 2017
Another record performance in FY16 underpins estimates
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Another record performance in FY16 underpins estimates
- Published:
23 Mar 2017 -
Author:
Andy Hanson -
Pages:
7
January’s pre-close trading statement had already stated that the FY16 revenue outcome was a record £163.1m (FY15: £148.9m) and indicated that profitability was in line with consensus expectations of £20.4m. The actual outcome of £20.5m is c. 2% ahead of ZC estimate of £20.2m. Organic FY16 revenue and profit growth of c. 10% and c.14% respectively is impressive in the context of an RMI market that was broadly flat during the year. This reflects Safestyle&rs