PTSG has confirmed a strong conclusion to FY15, ahead of expectations. This was a year of significant growth, both organic and acquisitive, which saw PBT increase by 35% to £5.0m (£4.8m forecast). There is clear momentum at the start of the new year following a flurry of acquisitions in Q415 and we upgrade FY16 PBT by 4% to £7.1m (anticipating 42% growth year on year). Cumulatively we have now upgraded our FY16 forecast by 42% since IPO, which highlights the growth momentum in the Group.
15 Mar 2016
FY15 outturn ahead of forecast; upgrades to FY16
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FY15 outturn ahead of forecast; upgrades to FY16
Premier Technical Services Group (PTSG:LON) | 0 0 (-0.5%) | Mkt Cap: 170.1m
- Published:
15 Mar 2016 -
Author:
James Tetley -
Pages:
8
PTSG has confirmed a strong conclusion to FY15, ahead of expectations. This was a year of significant growth, both organic and acquisitive, which saw PBT increase by 35% to £5.0m (£4.8m forecast). There is clear momentum at the start of the new year following a flurry of acquisitions in Q415 and we upgrade FY16 PBT by 4% to £7.1m (anticipating 42% growth year on year). Cumulatively we have now upgraded our FY16 forecast by 42% since IPO, which highlights the growth momentum in the Group.