Tavistock Investments PLC Provides Earnings Guidance for the Full Year Ended March 31, 2016
Tavistock Investments PLC provides group earnings guidance for the full year ended March 31, 2016. As approximately 75% of the group's net revenues are represented by recurring income, future performance has become significantly more predictable. The group anticipates reporting an EBITDA profit (excluding share based payment charges and one-off acquisition costs) for the year as a whole, which is ahead of market expectations. The full year results, subject to audit, are expected to be ahead of market expectations.