Driver Group has issued a trading update this morning confirming that, as expected, the Group has returned to profit during the second half (to September) on revenue c.7% ahead of the H1 result. Considerable progress has been made in reducing the cost base, driving efficiencies and improving job profitability since the appointment of Gordon Wilkinson as CEO in March. He was joined by new CFO Hugh Cawley in August. Despite making good half-on-half progress (in the context of a £1.4m adjusted oper ....
14 Sep 2016
N+1 Singer - Driver Group - Entering FY’17 on a positive growth trend despite AMEA challenges
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N+1 Singer - Driver Group - Entering FY’17 on a positive growth trend despite AMEA challenges
Driver Group Plc (DRV:LON) | 26.0 0 0.0% | Mkt Cap: 13.7m
- Published:
14 Sep 2016 -
Author:
Greg Poulton -
Pages:
3
Driver Group has issued a trading update this morning confirming that, as expected, the Group has returned to profit during the second half (to September) on revenue c.7% ahead of the H1 result. Considerable progress has been made in reducing the cost base, driving efficiencies and improving job profitability since the appointment of Gordon Wilkinson as CEO in March. He was joined by new CFO Hugh Cawley in August. Despite making good half-on-half progress (in the context of a £1.4m adjusted oper ....