K3 Capital Group Plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended 30 November 2017; Provides Earnings Guidance for the Year 2018
The Group had a strong first half of the year and the momentum has continued into the second half, with trading remaining comfortably in line with management's expectations. KPIs across the entire business continue to track positively and a number of significant transactions remain in the pipeline for the full year and beyond. Whilst the completion and timing of the transactions is not guaranteed, a number are expected to fall into this financial year. The positive momentum in the business continues to gain pace and the improved performance across all KPIs, coupled with the robust deal pipelines that exist across all three trading brands, lead to a very positive outlook for both the full year 2018 and beyond. The Board therefore expects full year earnings to be comfortably in line with market expectations.