22nd Jan 2019 09:27
LONDON (Alliance News) - FDM Group (Holdings) PLC on Tuesday said it expects its results for 2018 to be in line with management views after it delivered a good operational performance.
The company, which provides information technology consultancy, expects revenue for the year to be GBP245.0 million, up 5% from GBP233.0 million a year ago.
FDM closed the year with 3,747 Mounties, the company's IT and business consultants, 18% more than the prior year.
Mounties revenue increased 15% to GBP239.0 million from GBP207.0 million a year ago.
Chief Executive Officer Rod Flavell said: "Throughout 2018 the group has continued to invest in its people, training facilities and technology to sustain the future growth of the business.
"Market demand in all of our operating territories remains strong and we enter the current year with good momentum, including record levels of client engagement and demand. I anticipate that 2019 will be another year in which we deliver good operational and financial performance."
FDM shares were trading up 0.8% at 848.00 pence each.
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