Triad boosts H1 pretax profit, notes strong order book

Triad Group posted an H1 pretax profit up 221.9% to £0.69m, on revenue up 16.4% to £14.83m.

"We have seen significant improvement across all our key performance indicators," the company said.

OUTLOOK

"The Board is currently focused on implementing its strategy to further strengthen the business and share price. This includes increasing our investment in marketing activities, recruitment of talented individuals, and the enhancement of our service offering," the company said.

"Externally, we continue to monitor the possible impact of BREXIT and other political events and the impact of impending legislative change, in particular the off-payroll legislation relating to contractors working in the public sector.

"Our order book remains strong and we continue to develop exciting opportunities in both public and private sectors."

At 9:06am: (LON:TRD) Triad Group PLC share price was +8.5p at 60.5p