FDP - 1st Derivatives

[Pipsmum]

My fur is still on me. A few scorch marks but recovering nicely thanks.

[Pipsmum]

Just added at 2325p as ex-divi date is tomorrow.

[BobGe]

Quite amazing timing with last years 'negative reports' immediately preceding the start of the October rout. It's difficult to know which resulted in the greater concern. After some months in the doldrums the s/p is on the rise and again it's difficult to know how much of this is due to long positions or closing of shorts!

[SwissPaul]

Trading Update and Notice of Results

FD (AIM: FDP.L, Euronext Growth: FDP.I) announces that it continued to trade positively in the second half of the financial year ended 29 February 2020. As a result, the Board expects to report a financial performance in line with company-compiled consensus forecasts of £241m of revenue and £46m of adjusted EBITDA. Net debt at the period end was £50m, which was better than the consensus forecast of £56m.
COVID-19......

Impact to date
To date we have seen no financial impact from the effects of COVID-19. All our services delivery is now being conducted remotely, with no impact on revenue. In our managed services and consulting business the services that we provided prior to COVID-19 are now being delivered remotely with utilisation rates in March 2020 remaining in line with the prior month. We continue to monitor developments closely through close and regular contact with customers across all the markets in which we operate.

https://www.investegate.co.uk/first-der ... 00032822J/

I still hold

Moderator Message:
edited to be reasonable use excerpt & link, dspp

[SwissPaul]

Revenue £237.8m £217.4m +9%
Gross profit £101.1m £91.3m +11%
Adjusted EBITDA* £45.5m £38.9m +17%
Profit** before tax £18.3m £16.7m +9%
Reported diluted EPS 54.2p 47.9p +13%
Full year dividend per share 8.5p 27.0p -69%
Net debt*** £49.4m £16.5m

https://www.ii.co.uk/news/full-year-res ... 04_3599048

Also
FD (AIM: FDP.L, Euronext Growth: FDP.I) announces that it has signed a global partnership agreement with Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, to develop and deploy solutions based on Kx technology and targeted at TCS's client base across multiple industries.
https://www.ii.co.uk/news/global-partne ... 07_3599054

Still holding