Today’s results demonstrate a robust, in-line delivery, despite external headwinds encountered over 2017, with revenues of £45.2m (-16%) and adj EBITDA of £10.8m (-5%). The outlook for FY18E looks brighter, with continuing momentum in insurance sales, the relaunch of PG Let’s Connect at Royal Mail and a new sales strategy for SEB. Winning new business will be the focus over what should be a more stable year.
21 Mar 2018
Getting on the front foot
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Getting on the front foot
Personal Group Holdings Plc (PGH:LON) | 164 2.2 0.8% | Mkt Cap: 51.2m
- Published:
21 Mar 2018 -
Author:
Cavendish Research -
Pages:
8
Today’s results demonstrate a robust, in-line delivery, despite external headwinds encountered over 2017, with revenues of £45.2m (-16%) and adj EBITDA of £10.8m (-5%). The outlook for FY18E looks brighter, with continuing momentum in insurance sales, the relaunch of PG Let’s Connect at Royal Mail and a new sales strategy for SEB. Winning new business will be the focus over what should be a more stable year.