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Published on: December 17, 2014

2014 slippage, but significant new win

Tribal has announced a shortfall for the 2014 year-end; the group believing it now “unlikely” that enough milestones and deliverables will be achieved to reach expectations. We downgrade 2014 forecasts by £2m (12%) at the EBITA level. Despite this, the group has signed two material contract wins in Australia and Canada, which provide material support to earnings for 2015 and beyond.

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