AGM Statement

RNS Number : 5839V

Tribal Group PLC

30 May 2008

 



Tribal Group plc 

30 May 2008

Tribal Group plc 

AGM statement 

Tribal Group plc ('Tribal' or the 'Group'), a leading provider of consultancy, support and delivery services to the UK public sector, holds its Annual General Meeting at 9.00am today. 

As we announced in our Interim Management Statement on 30 April, trading since the start of the year has been encouraging. We therefore continue to expect our profit before tax and earnings per share for the first six months of the year to be significantly ahead of the corresponding period last year. 

The healthy level of contract wins since the start of the year has continued and our order book and pipeline remain strong. We have recently been appointed as architectural design lead and health services consultant for HealthVision Swansea, a £300m Welsh Assembly project to redevelop hospital and community services.

Tribal also leads a consortium that has been appointed by the Quality Improvement Agency as the preferred bidder to take forward new initiatives aimed at improving teaching quality in science, technology, engineering and mathematics. This three-year contract is worth over £3m in the first year.

Cash flow in the first five months has been strong. 

We are confident that we will deliver a good performance in the second half of the year.

End 

For further information, please contact: 

Tribal Group plc                                   Telephone: [phone] 

Peter Martin, Chief Executive 

Simon Lawton, Group Finance Director 

Maitland                                                Telephone: [phone] 

Colin Browne 

Anthony Silverman 

Editors' note: 

Tribal provides a range of consultancy, support and delivery services focused on 

improving the delivery of public services in the UK. Our core markets are in 

education, health, housing and regeneration, central government and local 

government. Tribal employs approximately 2,000 staff and its shares are quoted 

on the London Stock Exchange (TRB). 

Links: Tribal Group plc website: www.tribalgroup.co.uk 

This Statement has been prepared for and is addressed only to our shareholders 

as a whole and should not be relied on by any other party or for any other 

purpose. Tribal, its directors, employees, agents or advisers do not accept or 

assume responsibility to any other person to whom this Statement is shown or 

into whose hands it may come and any such responsibility or liability is 

expressly disclaimed. 

This Statement may contain forward-looking statements. Any forward-looking 

statement has been made by the directors in good faith based on the information 

available to them up to the time of approval of this Statement and should be 

treated with caution due to the inherent uncertainties, including both economic 

and business risk factors, underlying such forward-looking information. To the 

extent that this Statement contains any statement dealing with any time after 

the date of its preparation, such statement is merely predictive and speculative 

as it relates to events and circumstances which are yet to occur and therefore 

the facts stated and views expressed may change. Tribal undertakes no obligation 

to update these forward-looking statements. 

 

END

 

 

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