Tikit say trading in line with expectations
Tikit has published an update on current trading for the year ended 31st December 2006, before entering its close period prior to the announcement of its preliminary results in March 2007.
The update says the focus for 2006 was to secure good organic growth from the enlarged group and at the same time improve operating margins across all of the business areas. Good progress has been made in many areas of the business and there have been a number of major project wins with new and existing large legal clients. Tikit has also had increasing success in the accountancy sector in line with its strategic plan to operate in this segment alongside its existing business in the legal sector. In addition, Tikit's operations in France and Spain have performed ahead of budget and have increased market presence in both of these countries during the year. As a result, the trading performance for the year ended 31 December 2006 is expected to be in line with market expectations and will show significant improvement over the prior year.