8th Oct 2014 06:38
LONDON (Alliance News) - Project Management and technical consultancy WYG PLC Wednesday said it wants to grow revenue to about GBP175 million and pretax profit to about GBP15 million by March 2018.
The company will hold investor and analyst presentations later in the day, and will set out its new three-year growth targets.
The company reported pretax profit of GBP1.8 million in its last financial year which ended March 31, on revenue of GBP126.9 million. In a trading update last month it said revenue on the first half of the current year was flat on the year-earlier period, but would begin to accelerate in the second half, while operating profit for the first-half was up more than 10% on the year and would be above market expectations of GBP5.25 million for the full year.
By Steve McGrath; [email protected]; @stevemcgrath1
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
WYG