FDM reports revenues growth, expects performance to top guidance
Source - SMW
FDM reported total revenue rose 23% to £233m for the year to 31 December and said it expects the group's performance for the period will be ahead of management's previous expectations.
Total revenues for the year to 31st December were £233m, up from £189.4m in 2016, representing an increase of 23%. The Group closed the year with 3,170 Mounties placed on client sites compared to 2,705 in 2016, representing an increase of 17%, which supported a 23% rise in Mountie revenues to £207m from £167.3m in 2016.
'2017 saw the Group deliver a strong performance whilst continuing its strategy of investing for long term growth,' Rod Flavell, Group CEO said. 'I anticipate that 2018 will be another year in which FDM delivers good operational and financial performances.'
FDM reports full year results on 7th March 2018.
At 8:52am: (LON:FDM) FDM Group Holdings Plc share price was +36p at 1013p