Tribal issued a trading update indicating the financial performance for 2017 will be materially ahead driven by continued and effective cost control and a balanced improvement across all lines of business. We have upgraded our 2017 EPS by 11% and also upgraded our 2017 net cash forecast by 10%. We also put through a 5% EPS upgrade in 2018 and 2019. Management is executing its strategy well and today’s update builds on the positive interim performance reported in September when we also upgraded 2 ....
14 Dec 2017
N+1 Singer - Tribal Group - Financial performance materially ahead
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N+1 Singer - Tribal Group - Financial performance materially ahead
Tribal Group plc (TRB:LON) | 52.8 -0.9 (-3.2%) | Mkt Cap: 111.9m
- Published:
14 Dec 2017 -
Author:
Tintin Stormont -
Pages:
4
Tribal issued a trading update indicating the financial performance for 2017 will be materially ahead driven by continued and effective cost control and a balanced improvement across all lines of business. We have upgraded our 2017 EPS by 11% and also upgraded our 2017 net cash forecast by 10%. We also put through a 5% EPS upgrade in 2018 and 2019. Management is executing its strategy well and today’s update builds on the positive interim performance reported in September when we also upgraded 2 ....