FY16 results were in line with the previously advised impact of a volatile trading period, which also included closures (S&P+), cost cuts and the one-off cost of a pilot mobile promotions kiosk (MPK) project in France. Beneath these, however, is evidence of progress vs a shortlist of strategic objectives designed to create a business model which is as robust and sustainable. Recent contract wins should strengthen the group’s competitive positioning and drive the benefits of a renewed focus on activities which fit its skillset, and optimise available management and financial resources.
27 Mar 2017
Building on solid UK presence
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Building on solid UK presence
SpaceandPeople plc (SAL:LON) | 80.0 0 0.0% | Mkt Cap: 1.56m
- Published:
27 Mar 2017 -
Author:
Roger Leboff -
Pages:
8
FY16 results were in line with the previously advised impact of a volatile trading period, which also included closures (S&P+), cost cuts and the one-off cost of a pilot mobile promotions kiosk (MPK) project in France. Beneath these, however, is evidence of progress vs a shortlist of strategic objectives designed to create a business model which is as robust and sustainable. Recent contract wins should strengthen the group’s competitive positioning and drive the benefits of a renewed focus on activities which fit its skillset, and optimise available management and financial resources.