Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  FDM Group (Holdings) plc    FDM   GB00BLWDVP51

FDM GROUP (HOLDINGS) PLC

(FDM)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 01/26 11:29:57 am
1038 GBX   +2.98%
2020FDM : Winners of the European Tech Women Awards announced
AQ
2020FDM : Update on Covid-19 re Dividend, AGM, Annual Report
PU
2020FDM GROUP (HOLDINGS) PLC : annual earnings release
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

FDM : Trading Statement

01/23/2018 | 02:09am EST

FDM GROUP (HOLDINGS) PLC

('FDM' or 'the Group')

PERIOD END TRADING STATEMENT

FDM today announces its period end trading update to 31st December 2017, ahead of its full year results which will be released on 7th March 2018.

Group Trading in the Period and Closing Balance Sheet

FDM performed well in the second half of the financial year and the Board now anticipates that the Group's performance for the year to 31st December 2017 will be ahead of its previous expectations.

The Group closed the year with 3,170 Mounties placed on client sites (2016: 2,705) representing an increase of 17%.

Total revenues for the year to 31st December were £233 million (2016: £189.4 million), representing an increase of 23%. Mountie revenues were £207 million (2016: £167.3 million), an increase of 23%.

In the UK, the closing number of Mounties deployed on client sites was 1,744 (2016: 1,505), an increase of 16%, whilst North America closed the period with 965 (2016: 832), an increase of 16%. APAC closed the period with 306 (2016: 233), an increase of 30%, and EMEA closed the period with 155 (2016: 135), an increase of 15%.

The Group's balance sheet remains strong with no debt and significant cash balances.

Outlook

Rod Flavell, Group CEO, commented:

'2017 saw the Group deliver a strong performance whilst continuing its strategy of investing for long term growth. We exited 2017 with positive demand in all of our markets, including encouraging growth in new market verticals.

2018 will see the Group continue to invest to deliver long term, sustainable growth, increasing capacity in existing territories whilst also building its presence in some of its more nascent territories.

I anticipate that 2018 will be another year in which FDM delivers good operational and financial performances.'

This announcement contains inside information and is subject to completion of FDM's 2017 formal audit process.

Ends

Enquiries

For further information:

FDM

Rod Flavell - CEO

Mike McLaren - CFO

020 3056 8240

020 3056 8240

Weber Shandwick

Nick Oborne/ Tom Jenkins

020 7067 0000

About FDM

FDM Group (Holdings) plc ('the Company') and its subsidiaries (together 'the Group' or 'FDM') is a global professional services provider with a focus on Information Technology ('IT'). FDM brings people and technology together; creating and inspiring exciting careers that shape our digital future.

The Group's principal business activities involve employing, training and placing its own permanent IT and business consultants ('Mounties') at client sites. The Group also supplies contractors to clients, either to supplement its own employed consultants' skill sets or to provide additional experience where required. FDM specialises in a range of technical and business disciplines including Development, Testing, IT Service Management, Project Management Office, Data Services, Business Analysis, Business Intelligence and Cyber Security.

The FDM Careers Programme bridges the gap for graduates, ex-Forces and returners to work, providing them with the training and experience required to successfully launch or re-launch their careers. FDM has dedicated training centres and sales operations located in London, Leeds, Glasgow, New York, Virginia, Toronto, Frankfurt, Singapore and Hong Kong. FDM also operates in China, Ireland, France, Switzerland, Austria, Denmark, Spain, Australia and South Africa. FDM is a strong advocate of diversity and inclusion in the workplace, with 75+ nationalities working together as a team.

FDM Group Holdings plc published this content on 23 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2018 07:09:09 UTC.


© Publicnow 2018
All news about FDM GROUP (HOLDINGS) PLC
2020FDM : Winners of the European Tech Women Awards announced
AQ
2020FDM : Update on Covid-19 re Dividend, AGM, Annual Report
PU
2020FDM GROUP (HOLDINGS) PLC : annual earnings release
2020FDM : Year End Trading Update
PU
2019FDM : Director/PDMR Shareholding
PU
2019A selection of British stocks to play the Brexit game
2019FDM : Appointment of Non-Executive Director
PU
2019FDM : Director/PDMR Shareholding
PU
2018FDM : Half-year Report
PU
2018FDM : Director Declaration
PU
More news
Financials
Sales 2020 261 M 357 M 357 M
Net income 2020 32,0 M 43,9 M 43,9 M
Net cash 2020 47,3 M 64,8 M 64,8 M
P/E ratio 2020 34,1x
Yield 2020 3,51%
Capitalization 1 101 M 1 503 M 1 509 M
EV / Sales 2020 4,04x
EV / Sales 2021 3,99x
Nbr of Employees 5 000
Free-Float 79,3%
Chart FDM GROUP (HOLDINGS) PLC
Duration : Period :
FDM Group (Holdings) plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FDM GROUP (HOLDINGS) PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 1 072,00 GBX
Last Close Price 1 008,00 GBX
Spread / Highest target 29,0%
Spread / Average Target 6,35%
Spread / Lowest Target -8,13%
EPS Revisions
Managers and Directors
NameTitle
Roderick Neil Flavell Chief Executive Officer & Executive Director
David William Lister Non-Executive Chairman
Sheila May Flavell Chief Operating Officer & Executive Director
Michael G. McLaren Chief Financial Officer & Executive Director
Andrew Robert Brown Executive Director & Chief Commercial Officer
Sector and Competitors
1st jan.Capitalization (M$)
FDM GROUP (HOLDINGS) PLC-10.32%1 503
TATA CONSULTANCY SERVICES14.97%166 776
ACCENTURE PLC-3.51%159 853
INTERNATIONAL BUSINESS MACHINES CORPORATION-5.80%105 662
INFOSYS LIMITED5.52%77 024
AUTOMATIC DATA PROCESSING, INC.-8.07%70 188