North Midland’s results are in line with the previous guidance given at the time of the February trading update. FY’15 marked a return to full year profitability for the Group. North Midland has been held back by a number of legacy contracts, but now only one problematic contract remains. The business is de-risked and management can now focus its efforts on further improving the Group’s underlying trading performance. The secured order book for the current financial year (c.£181m) and a solid pi ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Return to profitability; Results in line with previous guidance
- Published:
01 Apr 2016 -
Author:
Greg Poulton -
Pages:
3
North Midland’s results are in line with the previous guidance given at the time of the February trading update. FY’15 marked a return to full year profitability for the Group. North Midland has been held back by a number of legacy contracts, but now only one problematic contract remains. The business is de-risked and management can now focus its efforts on further improving the Group’s underlying trading performance. The secured order book for the current financial year (c.£181m) and a solid pi ....