Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Education software provider Tribal Group booked a 24% rise in first-half profit, mostly owing to lower share-based payments to executives.
Underlying earnings were flat as revenue fell.
Pre-tax profit for the six months through June amounted to £3.6m, up from £2.9m on-year.
Revenue fell 4% to £40.4m and adjusted operating profit was flat at £6.3m following a weaker contract performance in the Middle East.
Tribal said it was on track to meet its full-year earnings expectations.
At 9:33am: (LON:TRB) Tribal Group PLC share price was -5.25p at 66.75p