The FY18 results were in line with SAL’s January update. Normal trade in its UK and German venues was disrupted by last year’s weather extremes. On top of that, the World Cup provided an unhelpful distraction for brands which would typically engage with the group over the period. Although normal service did resume in autumn/winter, it was too late to make up for the slow start to the year, especially as December was then weaker than anticipated.
25 Mar 2019
Contract renewals underpin outlook
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Contract renewals underpin outlook
SpaceandPeople plc (SAL:LON) | 80.0 0 0.0% | Mkt Cap: 1.56m
- Published:
25 Mar 2019 -
Author:
Roger Leboff -
Pages:
6
The FY18 results were in line with SAL’s January update. Normal trade in its UK and German venues was disrupted by last year’s weather extremes. On top of that, the World Cup provided an unhelpful distraction for brands which would typically engage with the group over the period. Although normal service did resume in autumn/winter, it was too late to make up for the slow start to the year, especially as December was then weaker than anticipated.