Trading Update and Notice of Results

RNS Number : 0229V
TP Group PLC
25 January 2017

Trading Update and Notice of Annual Results

TP Group (AIM: TPG), the specialist services and engineering group, announces the following trading update.

The Board is pleased to report that, following the trading update issued on 14 December 2016, the Group will report results for the financial year ended 31 December 2016 in line with current market expectations.

The Group closed the year with a cash balance ahead of expectations at £9.2m. This is an improvement of £2.2m over the cash balance at the end of 2015.  

The Board is confident that the Group can continue its progress in 2017 as it pursues a strong pipeline of future business opportunities alongside a growing order book position. 

Notice of results

It is expected that the Group's final results for the year ended 31 December 2016 will be published on Tuesday 4 April 2017.