Since the trading update in August, WYG’s Consultancy Services business has continued to face challenges. As a result, the Board has taken a more cautious view of the full year outlook and we revise our forecasts accordingly, reducing PBT by 57% in FY18/43% in FY19. Today’s statement is brief (more detailed commentary will follow in the interims on 5th December) but it is clear that the issue principally relates to lower than expected activity levels in the UK. Whilst it is disappointing to down ....
24 Nov 2017
N+1 Singer - WYG - UK challenges prompt further downgrades
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N+1 Singer - WYG - UK challenges prompt further downgrades
Since the trading update in August, WYG’s Consultancy Services business has continued to face challenges. As a result, the Board has taken a more cautious view of the full year outlook and we revise our forecasts accordingly, reducing PBT by 57% in FY18/43% in FY19. Today’s statement is brief (more detailed commentary will follow in the interims on 5th December) but it is clear that the issue principally relates to lower than expected activity levels in the UK. Whilst it is disappointing to down ....