The prelims are largely as expected, with exceptional 77% organic sales growth in Direct Services offset by attrition of the clients and revenues bought with SingleSource to leave that business flat YoY. Slower growth in channel and CRA operation saw group revenue rise 3% overall while the cost base was controlled to see a reduced loss while the business prepares for much stronger performances in the years ahead. Without the headwind of SingleSource and with a strengthened sales team, the dir
28 Mar 2017
Building a background for growth
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Building a background for growth
- Published:
28 Mar 2017 -
Author:
Cavendish Research -
Pages:
12
The prelims are largely as expected, with exceptional 77% organic sales growth in Direct Services offset by attrition of the clients and revenues bought with SingleSource to leave that business flat YoY. Slower growth in channel and CRA operation saw group revenue rise 3% overall while the cost base was controlled to see a reduced loss while the business prepares for much stronger performances in the years ahead. Without the headwind of SingleSource and with a strengthened sales team, the dir