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Mind Gym sees flat first-half adjusted profit as revenue rises 24%

By BFN News | 07:56 AM | Monday 21 October, 2019


Management consultancy Mind Gym said it expected to post a flat adjusted first-half profit amid revenue growth of around 24%. Revenue for the six months through September was seen rising to around £23.9m, the company said in a trading update. On a constant currency basis, revenue was expected to rise by about 20%. For the full year, revenue was expected to be 'slightly' ahead of expectations. 'The board's strategy of investing for growth is already delivering returns and this first-half performance gives us the opportunity to make further investments to ensure continued, strong results,' Mind Gym said. 'The board expects first-half adjusted pre-tax profit to be broadly consistent with the same period last year and remains confident of meeting market expectations for the full year.' Story provided by StockMarketWire.com

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