TP Group PLC Trading Update and Notice of Results (0229V)
January 25 2017 - 2:00AM
UK Regulatory
TIDMTPG
RNS Number : 0229V
TP Group PLC
25 January 2017
25 January 2017
TP Group plc
("TP Group" or the "Company" or the "Group")
Trading Update and Notice of Annual Results
TP Group (AIM: TPG), the specialist services and engineering
group, announces the following trading update.
The Board is pleased to report that, following the trading
update issued on 14 December 2016, the Group will report results
for the financial year ended 31 December 2016 in line with current
market expectations.
The Group closed the year with a cash balance ahead of
expectations at GBP9.2m. This is an improvement of GBP2.2m over the
cash balance at the end of 2015.
The Board is confident that the Group can continue its progress
in 2017 as it pursues a strong pipeline of future business
opportunities alongside a growing order book position.
Notice of results
It is expected that the Group's final results for the year ended
31 December 2016 will be published on Tuesday 4 April 2017.
For further information, please contact:
TP Group plc Tel: 01753 285 810
Phil Cartmell, Chief
Executive Officer
Derren Stroud, Chief
Financial Officer
www.tpgroup.uk.com
Cenkos Tel: 020 7397 8980
Mark Connelly / Callum
Davidson
www.cenkos.com
Vigo Communications Tel: 020 7830 9700
Jeremy Garcia / Fiona
Henson
www.vigocomms.com
Notes to Editors
TP Group designs and develops advanced technologies, engineers
complex equipment and systems, and provides support throughout
their operational life. The Company's shares have been traded on
AIM since July 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
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