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First Derivatives Expects Annual Performance In Line With Consensus

Thu, 18th Apr 2019 08:46

LONDON (Alliance News) - First Derivatives PLC on Thursday said it expects annual performance in line with current market consensus after trading in the second half of the year continued "strongly".

Currently the market expects First Derivatives to post revenue of GBP215.4 million and earnings before interest, taxes, depreciation and amortisation of GBP38.8 million for the year ended February 28.

This compares with revenue of GBP186.0 million and adjusted Ebitda of GBP34.1 million in financial 2018.

The company will publish its final results on May 21. First Derivatives shares were trading 0.9% lower at 3,230.00 pence each on Thursday.

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