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

07:56 21/10/2019
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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