Make your money go further for just 25p per day

Work Group – hard work…even if you can get it!

18/09/2012 · Work Group (WORK) 

Interim results were probably much as anticipated but the negative outlook for the full year pushed the shares lower.

Net fee income was down 4% to £6.2m and they broke-even at an operating level before exceptional items and taxation. Unfortunately profit for the current financial year is now expected to be below current market expectations, although there weren’t really many expectation in the market!

The balance sheet is just about holding up with net cash at period end of £0.5m (2011: £0.6m).

Despite the headwinds the lowly valuation (Mkt cap is now £3m) may…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Work Group

Work Group – hard work…even if you can get it!

18/09/2012 · Company Insights
Interim results were probably much as anticipated but the negative outlook for the full year pushed…

Small Cap Review 13th Jan 2009

13/01/2010 · Smallcap Review
Vertu Motors (AIM:VTU) brings us another conflict of interest classic from an AIM company and Elektron…

More Company Insights

Bonkers Bargains: another upgrade and still a bargain

12/11/2024 · Time Finance

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Sign-up to our free email updates

SIGN UP