Triad Group (TRD)

Sector:

IT Services

Index:

FTSE Fledgling

238.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 244.00
  • 52 Week Low: 105.00
  • Currency: UK Pounds
  • Shares Issued: 16.63m
  • Volume: 10,821
  • Market Cap: £39.58m
  • RiskGrade: 930

Triad earnings rise despite drop in revenue

By Josh White

Date: Monday 11 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Triad Group issued its results for the year ended 31 March on Monday, reporting revenue of £27.8m for the period, down from £30.9m year-on-year.
The London-listed company said its profit before tax was £1.66m, rising from £1.52m, while its earnings before interest, tax, depreciation and amortisation were £1.75m, up from £1.61m.

Its profit after tax grew to £1.62m from £1.53m, with gross profit as a percentage of revenue standing at 17.0%, compared to 16.2% 12 months ago.

"The new financial year has started well with a significant new contract to provide consultants to Ofgem as part of the rewrite of the system supporting the Energy Company Obligation (ECO) programme," said executive chairman Dr John Rigg of the firm's outlook.

"New starters are joining existing engagements and providing additional capacity to win further work."

Dr Rigg said contractor numbers had reduced on a long-standing account where one programme had scaled down "significantly" for the next two quarters, but added that its sales pipeline included opportunities to address that.

"The group remains focused on growing gross profit and improving margin, rather than pursuing revenue at the expense of these vital performance measures.

"We are investing in a number of marketing and communications projects to raise the group's profile during the forthcoming year, including the launch of a new website that better reflects our capabilities as a provider of highly skilled technical consultants."

The Triad board proposed a final dividend of 1.0p per share, subject to shareholder approval at its annual general meeting on 5 September.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Triad Group Market Data

Currency UK Pounds
Share Price 238.00p
Change Today 2.00p
% Change 0.85 %
52 Week High 244.00
52 Week Low 105.00
Volume 10,821
Shares Issued 16.63m
Market Cap £39.58m
RiskGrade 930

Triad Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.79% below the market average34.79% below the market average34.79% below the market average34.79% below the market average34.79% below the market average
48.24% below the sector average48.24% below the sector average48.24% below the sector average48.24% below the sector average48.24% below the sector average
Price Trend
97.83% above the market average97.83% above the market average97.83% above the market average97.83% above the market average97.83% above the market average
95.74% above the sector average95.74% above the sector average95.74% above the sector average95.74% above the sector average95.74% above the sector average
Income
75.54% below the market average75.54% below the market average75.54% below the market average75.54% below the market average75.54% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
83.98% below the market average83.98% below the market average83.98% below the market average83.98% below the market average83.98% below the market average
95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average

Triad Group Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Jan-24 13-Jul-23
Paid 31-Jan-24 11-Aug-23
Amount 2.00p 4.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:23 250 @ 237.51p
15:07 662 @ 237.51p
13:01 7,500 @ 242.00p
11:56 2,083 @ 240.00p
09:00 326 @ 236.00p

Triad Group Key Personnel

Finance Director James McDonald

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