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22 Jan 2019 | 09:24

FDM expects to meet annual expectations as revenues grows 5%

FDM said Tuesday it had delivered a 'good' operational performance in the second half of the last year as revenues rose 5%, keeping the company on track to meet its expectations for 2018.

For the year to 31st December 2018, revenues rose 5% to £245m, whilst Mountie – contractors and staff that provide the company's IT services - revenues rose 15% to £239m.

The Group closed the year with 3,747 Mounties placed on client sites, representing a 18% increase from a year earlier. 'Market demand in all of our operating territories remains strong and we enter the current year with good momentum, including record levels of client engagement and demand. I anticipate that 2019 will be another year in which we deliver good operational and financial performance,' said Rod Flavell, Group CEO.

At 9:24am: (LON:FDM) FDM Group Holdings Plc share price was +9.5p at 850.5p

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