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IN BRIEF: Tribal Group outlook confident, focuses on new client wins

27th Apr 2021 11:59

Tribal Group PLC - provider of education software and services - Reports a positive start to 2021, maintaining the sales momentum it experienced in the second half of 2020. The company says it remains focused on winning new customers, the migration of existing customers to the Tribal Cloud, the delivery on its second native cloud-based Tribal Edge module, and growth of annual recurring revenue. Tribal also notes that it continues to see new opportunities entering the sales pipeline across both existing and new customers, validating Tribal's strategy and providing it with confidence in the continued strong performance of the business.

Current stock price: 102.00 pence, down 1.0% on Tuesday

Year-to-date change: up 18%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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