Findel plc Announces Trading Update for the 16 Weeks Since October 1, 2016; Provides Earnings Guidance for Fiscal 2017 and 2018
Despite the additional investment in marketing costs for recruitment at Express Gifts, Group's profit before tax and exceptional items for the full year is expected to be within the range of current market forecasts. The current market forecasts for fiscal 2017 PBT (before exceptional items) are in the range of £25.5 million to £26.1 million and for fiscal 2018 £27.0 million to £29.0 million.