Personal group has released a trading update confirming management’s confidence in meeting adj EBITDA expectations for this year of £10.7m. The composition of the expected earnings delivery has changed however; Let’s Connect has seen customer delays leading to a material shortfall, but the resulting impact on earnings is expected to be negated in full by cost savings and outperformance elsewhere in the group.
27 Oct 2017
Same result, with a different mix
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Same result, with a different mix
Personal Group Holdings Plc (PGH:LON) | 160 0 0.0% | Mkt Cap: 50.2m
- Published:
27 Oct 2017 -
Author:
Cavendish Research -
Pages:
7
Personal group has released a trading update confirming management’s confidence in meeting adj EBITDA expectations for this year of £10.7m. The composition of the expected earnings delivery has changed however; Let’s Connect has seen customer delays leading to a material shortfall, but the resulting impact on earnings is expected to be negated in full by cost savings and outperformance elsewhere in the group.