skip to content

Annual Results

FDM Group maiden divi as adjusted profits rise

11 March 2015 08:01

FDM Group - formerly Astra Topco - posts adjusted operating profits of £24.9m for the year to the end of December, 10% up on last time.

Revenues rose by 17% to £123.3m and adjusted pre-tax profits were up 12% at £24.4m.

The group has proposed a maiden dividend of 7.5p per share.

On a reported basis, operating and pre-tax profits were down by 7% and 5% respectively at £19.5m and £19.0m.

Chief executive Rod Flavell said: "Following a strong performance in 2014, we continue to focus on widening the Group's international footprint and on developing new service areas and sectors to provide a robust base from which to drive future growth. We have identified new office space in Leeds, a replacement for and upsizing of our closing Manchester office, which will be fully operational during the second half of 2015. We also have under consideration other potential sites outside the UK that meet our requirements.

"The addition of the UK ex-Forces Programme in January 2014 has delivered much for the Group and its clients; we will continue to fund and nurture such investments to spread the reach and attraction of FDM.

"2015 has started with all parts of the Group performing well. While it is early in the new financial year, our expectations are underpinned by continuing strong customer demand and good levels of applications for our Mountie programme, driven by a healthy marketplace and our growing reputation."

At 8:01am: (LON:FDM) FDM Group Holdings Plc Ord 1p share price was +2.38p at 368.38p

Story provided by StockMarketWire.com

Related Company: FDM

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.