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Brady Sees 2016 In Line Despite Challenging End Markets

17th Jan 2017 09:59

LONDON (Alliance News) - Brady PLC on Tuesday said its trading for 2016 was in line with market expectations.

The energy, commodity and recycling software provider, in a short update, said its results for the year will be in line with the market view.

"The markets in which we operate remain challenging. However, there has been a sea-change in the mood and focus of this business, and as a team, we have entered 2017 with considerable optimism," said Ian Jenks, Brady's executive chairman.

"We are concentrating on providing a first-class service to our clients, and improving our earnings visibility through increased recurring revenues," he added.

Brady shares were untraded on Tuesday, having last traded at 69.00 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.


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