Triad Group plc (GB:TRD) has released an update.
Triad Group Plc has reported a challenging financial year with a revenue decrease from £14.9m to £14.0m, and a swing from a break-even to a £1.3m loss before tax, impacted by reduced consultant utilization. Despite a tough first half, the company experienced a surge in new business wins in the latter half and is proposing a steady dividend of 6p per share. Looking forward, the company is optimistic about the future with strong cash flow, continued recruitment, and a robust order book positioning it for expansion.
For further insights into GB:TRD stock, check out TipRanks’ Stock Analysis page.