In its core operations Sweett Group expects to report for year-end March 2016 adj. PBT (before three “one-offs” totalling £0.8m) of c.£3.0m on revenue of £54.9m (vs £51.5m in FY2015). For FY2016 the aggregate exceptional charge is c. £5.1m. Net debt of £2.6m at end March 2016 was lower than the company expected but a number of significant cash outflows are due shortly and banking facilities need renewing. Our coverage should resume when final re
26 Apr 2016
Trading update for FY2016
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Trading update for FY2016
In its core operations Sweett Group expects to report for year-end March 2016 adj. PBT (before three “one-offs” totalling £0.8m) of c.£3.0m on revenue of £54.9m (vs £51.5m in FY2015). For FY2016 the aggregate exceptional charge is c. £5.1m. Net debt of £2.6m at end March 2016 was lower than the company expected but a number of significant cash outflows are due shortly and banking facilities need renewing. Our coverage should resume when final re