1st Feb 2023 10:01
(Alliance News) - FDM Group Holdings PLC on Wednesday said it performed "well" in 2022, with each of its primary regions showing year-on-year growth in consultants deployed, and a particularly strong performance in North America.
The IT-focused professional services provider expects its results for 2022 to be in line with expectations. FDM said it expects to report revenue for the year of GBP330 million, up 23% year-on-year from GBP267 million. It also ended the year with 4,905 consultants placed with clients, up 22% annually from 4,033.
In North America, the headcount jumped 48% annually, to 1,618 consultants deployed from 1,095.
The headcount of FDM's Europe, Middle East & Africa operations rose by 26% to 318 consultants deployed, from 252 a year ago. It noted that Poland's performance, where it opened its business in the first half of 2021, was "encouraging"
Looking ahead, Chief Executive Rod Flavell said: "As we enter 2023 there remains a high degree of macro-economic and political uncertainty in some of the regions where we operate. However, across the group we continue to see healthy levels of client engagement and activity."
FDM will release its full annual results on March 15.
FDM shares were 1.9% higher at 800.00 pence each in London on Wednesday morning.
By Tom Budszus, Alliance News reporter
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