REG - Triad Group Plc - Trading Statement

TriadAnnouncement

07/03/2024 11:00

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RNS Number : 9982F  Triad Group Plc  07 March 2024

Legal Entity Identifier (LEI) No. 213800MDNBFVEQEN1G84

 

Triad Group Plc

 

Trading Update

 

In my overview of results dated 20(th) December 2023, I said "I personally
have never felt so confident and enthusiastic about the state and prospects of
the Company for more than 20 years" and "I believe that we are at the
beginning of a period of increasing major success and growth". I am delighted
to confirm that both these statements are proving to be more than amply
justified.

Since 20(th) December, we have continued to win major and long-term pieces of
new business. We returned to profit in November and, apart from the
Christmas/New Year holiday period, have been on a strongly rising trajectory
ever since. Cash flow, as normal, is following closely behind the profit
trend. We have been nominated for more national awards. Our recruitment
process is operating at full steam ahead with great success. I should point
out that the costs of setting up the new projects and hiring will be absorbed
in the fourth quarter; however, this will enable us to get off to a flying
start for our new financial year beginning in April. I shall provide a much
more extensive account of developments in my statement accompanying the full
year results.

 

Dr J C Rigg

Executive Chairman, Triad Group Plc

7 March 2024

 

Zeus Capital Limited

Alexandra Campbell-Harris

Tel: 020 7614 5900

 

 

The information contained in this announcement is deemed by the Company to
constitute inside information as stipulated under Article 7 of the Market
Abuse Regulations (EU) No 596/2014. With the publication of this announcement
via a Regulatory Information Service, this inside information is now
considered to be in the public domain.

 

 

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