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Wilmington Group Says Q3 Trading In Line With Its Expectations

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Wilmington Group, (WIL.L), a provider of information, compliance, and education to professional markets, Thursday said that for the period from January 1 till date, its third-quarter trading has been in line with the Board's expectations.

The company stated that the revenue during the period from January 1 to April was in line with the same four-month period last year. Revenue from disposed businesses and discontinued marginal events has been offset by organic growth from the group's core businesses and revenues from acquired businesses. All the divisions saw growth, while the Business Intelligence which was earlier impacted by exiting of contract directory publishing remained dull, the company said in a statement.

In the Healthcare division, the company said that at margin level, sales are hurt by reductions in sales of UK mailing services and uncertainty over NHS changes.

The outlook for the full financial year remains unchanged and in line with the Board's expectations

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