FDM Group (Holdings) (FDM)

Sector:

Support

Index:

FTSE Small Cap

127.20p
   
  • Change Today:
    -2.20p
  • 52 Week High: 416.00p
  • 52 Week Low: 119.00p
  • Currency: UK Pounds
  • Shares Issued: 109.72m
  • Volume: 254,703
  • Market Cap: £139.56m

FDM Holdings sees flat 2023 revenues as placements plunge

By Frank Prenesti

Date: Wednesday 31 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Professional IT services provider FDM Group said it expected annual revenues to be flat, confirming the warning it issued in November about the hit from geopolitical uncertainties and clients deferring project decisions.
Revenue for calendar 2023 is expected to rise by 1% to £334m as client placements plunged by 21% and FDM was forced to axe a tenth of its internal workforce.

"The last nine months of 2023 saw difficult trading conditions across our markets, with many clients delaying and deferring decisions around projects and consultant placements given the macro-economic and geo-political uncertainties they faced," said chief executive Rod Flavell.

"Levels of client engagement remain encouraging and the early signs of returning client confidence which we reported in November continue."

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

FDM Market Data

Currency UK Pounds
Share Price 127.20p
Change Today -2.20p
% Change -1.70 %
52 Week High 416.00p
52 Week Low 119.00p
Volume 254,703
Shares Issued 109.72m
Market Cap £139.56m

FDM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.82% above the market average96.82% above the market average96.82% above the market average96.82% above the market average96.82% above the market average
95.29% above the sector average95.29% above the sector average95.29% above the sector average95.29% above the sector average95.29% above the sector average
Price Trend
91.03% below the market average91.03% below the market average91.03% below the market average91.03% below the market average91.03% below the market average
97.85% below the sector average97.85% below the sector average97.85% below the sector average97.85% below the sector average97.85% below the sector average
Income
97.49% above the market average97.49% above the market average97.49% above the market average97.49% above the market average97.49% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Growth
93.98% below the market average93.98% below the market average93.98% below the market average93.98% below the market average93.98% below the market average
95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average95.45% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FDM Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Oct-25 05-Jun-25
Paid 14-Nov-25 27-Jun-25
Amount 6.00p 12.50p

Trades for 29-Aug-2025

Time Volume / Share Price
16:35 97,783 @ 127.20p
16:35 1 @ 127.20p
16:35 1,419 @ 127.20p
16:35 252 @ 127.20p
16:35 506 @ 127.20p

FDM Key Personnel

COO Sheila Flavell
CEO Roderick (Rod) Flavell
CFO Michael (Mike) McLaren

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