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Trading statements

FDM Group on track

27 April 2017 08:08

FDM Group remains well placed to achieve its expectations for the remainder of the year and to continue to deliver long term, sustainable growth, shareholders at the annual general meeting today will be told.

Chairman Ivan Martin will say: "The group has traded in line with the board's expectations in 2017, with total revenues for the quarter to 31 March 2017 being 46% higher than the corresponding 2016 quarter (constant currency basis 36%) and Mountie revenues for the quarter 41% higher than the comparative period (constant currency basis 31%), benefiting from the timing of Easter this year.

"This week Mounties deployed on client sites stands at 2,839 (corresponding week 2016: 2,291 Mounties deployed on client sites).

"The group's balance sheet remains strong with significant cash balances and no debt."

At 8:08am: (LON:FDM) FDM Group Holdings Plc share price was -5.25p at 801.75p

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Related Company: FDM

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