Triad Group Plc Faces Challenges but Remains Optimistic
Company Announcements

Triad Group Plc Faces Challenges but Remains Optimistic

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskTriad Group Director Executes Share Transactions
Catie PowersTriad Group plc (TRD) Declares Q3 Dividend: Important Details for Shareholders
TipRanks UK Auto-Generated NewsdeskTriad Group Announces Proposed Final Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!