FDM Group (Holdings) plc AGM Statement (4697D)
April 27 2017 - 2:00AM
UK Regulatory
TIDMFDM
RNS Number : 4697D
FDM Group (Holdings) plc
27 April 2017
27 April 2017
FDM Group (Holdings) plc
AGM Statement
FDM Group (Holdings) plc ("FDM" or the "Group"), an
international professional services provider focusing principally
on information technology, today holds its 2017 annual general
meeting.
Ivan Martin, Chairman, will present the following update to the
meeting:
"The Group has traded in line with the Board's expectations in
2017, with total revenues for the quarter to 31 March 2017 being
46% higher than the corresponding 2016 quarter (constant currency
basis 36%) and Mountie revenues for the quarter 41% higher than the
comparative period (constant currency basis 31%), benefiting from
the timing of Easter this year. This week Mounties deployed on
client sites stands at 2,839 (corresponding week 2016: 2,291
Mounties deployed on client sites). The Group's balance sheet
remains strong with significant cash balances and no debt.
The Board believes that the Group remains well placed to achieve
its expectations for the remainder of the year and to continue to
deliver long term, sustainable growth."
ends
For further information please contact:
FDM Group (Holdings) Rod Flavell 020 7067 0000
plc - CEO (today)
Mike McLaren 0203 056 8240
- CFO (thereafter)
Weber Shandwick Nick Oborne/Tom
(financial PR) Jenkins 020 7067 0000
About FDM
FDM is an international professional services provider with a
focus on IT. Operating from offices in Europe, North America and
Asia, FDM specialises in recruiting, training and deploying its own
permanent IT Consultants ("Mounties") across a number of service
areas including: development, testing, project management, data
analysis, application support, infrastructure, business analysis
and compliance.
With a large number of blue chip clients across its operational
territories, FDM meets the demands of its customers through the
provision of highly-trained and geographically flexible Mounties
that are employed by FDM. FDM offers a high-value, low risk
proposition to both trainees and clients and looks principally to
recruit:
-- Graduates local to each of the territories in which it
operates, typically but not exclusively training them in-territory
and then placing them onto client sites within the same territory;
and
-- Ex-military personnel local to each of the territories in
which it operates, training them as IT or business Consultants in
that territory and placing them on client sites in the same
territory.
-- Individuals who have a background in IT and/or finance who,
having taken a career break, are keen to return to their
career.
FDM strongly supports the recruitment of women into the IT
industry and actively encourages their advancement through their
global 'Women in IT' initiative.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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