Trading Statement
Summary by AI BETAClose X
4 November 2026
FDM GROUP (HOLDINGS) PLC ("FDM GROUP", "FDM" or "THE GROUP")
TRADING UPDATE
FDM Group, a global professional services provider with a focus on Information Technology, today provides the following trading update.
The Board anticipates that the Group's financial performance for the full year to 31 December 2026 will be in line with its expectations.
We highlighted at the half-year a gentle pick up in the volume of customer requirements, and consequent incremental growth in the number of Consultants assigned to clients. Since then, the momentum in customer engagement has continued, and at 31 October 2026 the number of Consultants assigned to clients has increased to 2,070 (30 June 2026: 2,042; 31 October 2025: 2,003). Across the Group, there are stronger pockets of performance, with our North American operations showing signs of more normalised hiring cycles and our UK Public Sector and Retail-focused activities showing resilience. Elsewhere, trading environments remain mixed, but there are some encouraging opportunities for us to focus on.
The Group has maintained its robust balance sheet, with £31.9 million of cash at 31 October 2026 (30 June 2026: £31.1 million; 31 October 2025: £40.1 million) and no debt. An interim dividend of 3.0 pence per share, amounting to £3.3 million, is due to be paid on 13 November 2026 (2025: 6.0 pence per share, amounting to £6.6 million, paid on 14 November 2025).
We continue to adjust our resources in line with market conditions, prudently managing our cost base while retaining sufficient agility to respond to evolving client demand.
ENDS
For further information please contact:
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FDM Group Rod Flavell - Chief Executive Officer Mike McLaren - Chief Financial Officer Mark Heather - Group Governance Director & Company Secretary |
Tel: +44 (0)20 3056 8240
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Financial PR Nick Oborne |
Tel: +44 (0)7850 127526 |
Forward-Looking Statements
This trading update may contain statements which constitute 'forward-looking statements'. Although the Group believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Because these statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. Subject to any requirement under the Disclosure Guidance and Transparency Rules or other applicable legislation, regulation or rules, the Group does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither shareholders nor prospective shareholders should place undue reliance on forward-looking statements, which speak only as of the date of this trading update.
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