Tribal has issued a positive trading update indicating that EBITA is expected to be materially ahead of expectations, with revenues lower than last year as expected (and c5% est. below our expectations). This profit outperformance has been driven by continued and effective cost management across all lines of business, including central overheads. While significant new wins continue to be secured in the key Higher and Further Education sectors, the Australian Schools sector has been challenging a ....
24 Jan 2019
Full year profit comfortably ahead, small miss on revenues
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Full year profit comfortably ahead, small miss on revenues
Tribal Group plc (TRB:LON) | 55.2 0 0.0% | Mkt Cap: 117.3m
- Published:
24 Jan 2019 -
Author:
N+1 Singer Team -
Pages:
4
Tribal has issued a positive trading update indicating that EBITA is expected to be materially ahead of expectations, with revenues lower than last year as expected (and c5% est. below our expectations). This profit outperformance has been driven by continued and effective cost management across all lines of business, including central overheads. While significant new wins continue to be secured in the key Higher and Further Education sectors, the Australian Schools sector has been challenging a ....