Speedy’s pre-close trading update confirms that full year results are expected to be in line with expectations at the PBT level. The statement also highlights further strengthening of the Board. FY’16 marked a challenging year for Speedy, with two profits warnings, a management overhaul, and a large hit to the share price. However, the remedial actions put in place by the Group’s new CEO, Russell Down, are taking effect and trading appears to have stabilised. Our FY’17 PBT forecast of £7.6m assu ....
31 Mar 2016
FY’16 concludes in line with expectations
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY’16 concludes in line with expectations
Speedy Hire Plc (SDY:LON) | 23.8 0 0.0% | Mkt Cap: 109.9m
- Published:
31 Mar 2016 -
Author:
Greg Poulton -
Pages:
3
Speedy’s pre-close trading update confirms that full year results are expected to be in line with expectations at the PBT level. The statement also highlights further strengthening of the Board. FY’16 marked a challenging year for Speedy, with two profits warnings, a management overhaul, and a large hit to the share price. However, the remedial actions put in place by the Group’s new CEO, Russell Down, are taking effect and trading appears to have stabilised. Our FY’17 PBT forecast of £7.6m assu ....