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6 Mar 2013 07:00
Tribal Group plc
Trading Update
Tribal Group plc ("Tribal" or "the Group"), a leading provider of technology products and services to the education, learning and training markets, provides the following update in advance of the preliminary announcement of its results for the year ended 31 December 2012, which will be released on 14 March 2013.
Results for the year ended 31 December 2012
As previously indicated in our announcement on 20 December 2012, the trading performance of Tribal in the final quarter of 2012 was robust, and we continued to generate good cash flow. Our international activities have performed strongly, and we have made good progress with the major Student and Learning Management ("SALM") contract with the Department of Education and Communities of New South Wales, Australia.
Taking into account the Group's good progress with key contracts during 2012 and the early part of 2013, and excluding business activities closed during 2012, the Board now anticipates reporting revenue for the year ended 31 December 2012 in line with expectations, and adjusted profit before tax for the year ended 31 December 2012 of approximately £12.8m.
Current trading
The current year has begun well and the Board anticipates further good progress in Tribal's performance in 2013.
Further details will be provided in our preliminary results announcement on 14 March 2013.
- Ends -
Contacts:
Tribal Group plc | Tel: +44 (0)20 3402 3544 |
Keith Evans, Chief Executive Officer Steve Breach, Group Finance Director | |
Weber Shandwick Financial | Tel: +44 (0)20 7067 0700 |
Nick Oborne / Stephanie Badjonat |
Notes to Editors
About Tribal
Tribal supports the delivery of education, learning and training services around the world. We build world-leading software, support adult learning, careers and professional development and provide school inspections and improvement services both in the UK and abroad.
We work in partnership with a wide range of organisations, including schools, colleges and universities, prisons and social services, government agencies and large and small employers.
Tribal has approximately 1,400 staff and our work spans five continents. More information about Tribal is available online at www.tribalgroup.com.
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