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Pin to quick picksFDM Group Regulatory News (FDM)

Share Price Information for FDM Group (FDM)

London Stock Exchange
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Share Price: 386.00
Bid: 384.50
Ask: 388.00
Change: 16.00 (4.32%)
Spread: 3.50 (0.91%)
Open: 370.50
High: 387.50
Low: 370.50
Prev. Close: 370.00
FDM Live PriceLast checked at -

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Trading Statement

18 Jan 2016 07:00

RNS Number : 0892M
FDM Group (Holdings) plc
18 January 2016
 

EMBARGOED UNTIL 18th JANUARY 2016

 

FDM GROUP (HOLDINGS) PLC

 

("FDM" or "the Company")

 

PERIOD END TRADING STATEMENT

 

 

FDM today announces its period end trading update for the six months to 31st December 2015, ahead of its full year results which will be released on 9th March 2016.

 

Group Trading in the Period

 

FDM and its subsidiaries (together the "Group") maintained its strong performance in the second half of 2015 and expects to deliver full-year results slightly ahead of the Board's expectations. FDM closed the year with 2,022 Mounties placed on client sites at week 52, 2015 (week 52, 2014; 1,539 Mounties placed on client sites), of which over 500 were placed in North America. This represents an increase of 31.4 per cent in the number of Mounties placed on client sites in the 12 month period.

 

Balance Sheet

 

The Group's balance sheet remains strong with no debt and healthy cash balances.

 

Outlook

 

Rod Flavell, Group CEO, commented:

 

"2015 has been a successful year for the Group, with record numbers of Mounties placed on client sites being achieved. We have recently opened our enlarged Glasgow premises and are fitting out our enlarged Toronto and Hong Kong premises, accelerating investment to meet strong client demand. 

 

We enter 2016 with good momentum and I am confident that the year will see further progress for the Group."

 

- Ends -

For further information please contact:

FDM Group (Holdings) plc

Rod Flavell - CEO

Mike McLaren - CFO

0203 056 8240

 

Weber Shandwick (financial PR)

Nick Oborne / Tom Jenkins

020 7067 0000

 

About FDM

 

FDM is an international professional services provider focusing principally on Information Technology.

 

The Group's main business activities involve recruiting, training and placing its own permanent IT and business consultants (known as 'Mounties') on client sites across a range of technical and business disciplines including Development, Testing, Project Management Office ('PMO'), Data and Operational Analysis, Business Analysis, Business Intelligence, Cyber Security and Production Support. A smaller and declining proportion of the Group's business is to supply contractors to customers, in order to supplement its own Mounties' skill sets or to provide greater experience where required. The Group has Mounties placed in the UK, Ireland, France, Germany, Switzerland, Austria, USA, Canada, Hong Kong, Singapore, China and South Africa.

 

With a large number of blue chip clients across its operational territories, the Group has training academies and sales operations in dedicated facilities located in London, Leeds, Glasgow, Frankfurt, New York, Toronto, Hong Kong and Singapore and serves its other operational territories remotely from these locations as appropriate. FDM has established partnerships and relationships with key universities in order to continue creating and inspiring exciting careers.

 

FDM is a strong advocate of diversity in the workplace. The Group's workforce is made up of around 60 nationalities. The Group encourages and supports the recruitment of women into the IT industry, promoting their advancement through the "FDM Women in IT" initiative. The Group also actively recruits ex-Forces personnel in both the UK and USA.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTBAMFTMBJBBJF
Date   Source Headline
20th Nov 20082:38 pmRNSSenior Management Changes
19th Nov 20087:00 amRNSDoc re. 8-K
18th Nov 20083:04 pmRNSDisposal
11th Nov 20087:00 amRNSDoc re. 10-Q
7th Nov 20086:27 pmRNS3rd Quarter Results
7th Nov 20084:24 pmRNSDoc re. 8-K
6th Nov 20085:30 pmRNSShares in Issue
4th Nov 20087:00 amRNSDoc re. 8-K
29th Oct 20086:32 pmRNSDirectorate Change
20th Oct 20087:00 amRNSDoc re. 8-K
17th Oct 20084:31 pmRNSDoc re. 8-K
10th Oct 20085:50 pmRNSStatement re Chief Financial Officer
3rd Oct 20083:37 pmRNSDoc re. 8-K
18th Sep 20087:00 amRNSDoc re. 8-K
4th Sep 20087:00 amRNSDoc re. (8-K)
19th Aug 20084:34 pmRNSAdditional Listing
18th Aug 20087:00 amRNSDoc re. 8-K
4th Aug 20087:00 amRNSDoc re. (8-K)
24th Jul 20084:00 pmRNSStatement re Transformation P
24th Jul 20083:29 pmRNS2nd Quarter Results
10th Jul 20087:00 amRNSShares in Issue
2nd Jul 20087:00 amRNSDoc re. (8-K)
2nd Jul 20087:00 amRNSAppointment of Head of US Sal
20th Jun 20084:55 pmRNSFord Further Cuts Truck Produ
20th Jun 20084:51 pmRNSDoc re. 8-K
11th Jun 20087:00 amRNSPartnership with Ford
4th Jun 20087:00 amRNSDoc re. 8-K
3rd Jun 20082:32 pmRNSDoc re. 8-K
22nd May 20086:22 pmRNSDoc re. 8-K
22nd May 20084:03 pmRNSProfit Outlook Revised
22nd May 20083:51 pmRNSStatement re Tender Offer
14th May 20083:08 pmRNSDoc re. 8-K
12th May 20081:43 pmRNSDoc re. 8-K
9th May 20087:00 amRNSDoc re. 10-Q
6th May 20087:00 amRNSDoc re. 8-K
28th Apr 20082:34 pmRNSDoc re. 8-K/A
24th Apr 20084:31 pmRNSDoc re. 8-K
24th Apr 20081:45 pmRNS1st Quarter Results
23rd Apr 20085:45 pmRNSShares in Issue
14th Apr 20087:00 amRNSDoc re. 8-K
2nd Apr 20087:00 amRNSDoc re. 8-K
26th Mar 20082:03 pmRNSDoc re. 8-K
26th Mar 200812:45 pmRNSRe Agreement
25th Mar 20085:42 pmRNSAppointment
25th Mar 20087:00 amRNSKey Executive Appointments
14th Mar 20081:35 pmRNSExecutive Changes
4th Mar 20087:00 amRNSDoc re. 8-K
28th Feb 20082:51 pmRNSDoc re. 10-K
4th Feb 20087:00 amRNSDoc re. 8-K
24th Jan 20082:17 pmRNSDoc re. 8-K

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