16th Jun 2025 11:36
(Alliance News) - Triad Group PLC on Monday said it has good visibility of future work for existing clients, with further recruitment underway to match demand, as it posted a profit.
The Godalming, England-based technology consultant said it swung to a pretax profit of GBP1.5 million in the financial year ended March 31, from a loss of GBP1.3 million a year prior.
Revenue surged 53% to GBP21.4 million from GBP14.0 million.
The company proposed an unchanged final dividend per share of 4 pence, bringing the total payout to an unchanged 6p.
Triad noted "increased consultancy business and the improved utilisation of permanent consultants" during the financial year.
Looking ahead, Managing Director Adrian Leer said: "The company is focused on building upon the platform created, with an emphasis on driving value from our impressive portfolio of clients whilst carefully targeting new business that maintains momentum. We have good visibility of future work for existing clients, with further recruitment underway to match demand. We were delighted to start the new year with a substantial contract to continue providing resources and capabilities into Office for Product Safety & Standards. This outcome reflects the quality of our people and the work they do. It also typifies the outstanding contribution made by everyone within the company during one of our most successful years in recent history."
Triad shares rose 4.2% to 333.40 pence each on Monday morning in London.
By Tom Budszus, Alliance News slot editor
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