Tavistock Investments PLC Provides Earnings Guidance for the Full Year Ended March 31, 2016
May 10, 2016 at 11:30 am IST
Tavistock Investments PLC provides group earnings guidance for the full year ended March 31, 2016. As approximately 75% of the group's net revenues are represented by recurring income, future performance has become significantly more predictable. The group anticipates reporting an EBITDA profit (excluding share based payment charges and one-off acquisition costs) for the year as a whole, which is ahead of market expectations. The full year results, subject to audit, are expected to be ahead of market expectations.