Mind Gym sees flat first-half adjusted profit as revenue rises 24%
StockMarketWire.com - 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.'
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