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Full Year Trading Update

10th Apr 2019 07:00

RNS Number : 6895V
FIH Group PLC
10 April 2019
 

FIH group plc

 

("FIH" or "the Group")

 

Full Year Trading Update

 

Full Year Earnings performance ahead of expectations

 

FIH group plc ("FIH"), the AIM quoted international specialist services group with businesses in the Falkland Islands and UK, is pleased to provide an update on the Group's trading performance for the year ended 31 March 2019. 

 

Margins at Momart have continued to improve during the year, and in addition, a provision for a potential claim, made in the March 2018 accounts, has now been able to be released.

 

As a result, the board expects that subject to the completion of the audit, the Group will deliver a Pre-Tax profit that will exceed market expectations by a comfortable margin.

 

In line with our normal practice, we will publish our annual report and accounts in mid-June.

 

Enquiries:

FIH group plc

John Foster, Chief Executive

Tel: 01279 461 630

 

WH Ireland Ltd. - NOMAD and Broker to FIH

Adrian Hadden / Jessica Cave

Tel: 020 7220 1666

FTI Consulting - Communications adviser to FIH

Alex Beagley / Eleanor Purdon

Tel: 020 3727 1000

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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