Tribal Group surges following two new contract wins
18th Sep 2019 10:45
(Sharecast News) - Shares in Tribal Group surged on Wednesday after new contract wins with the Department of Education and Knowledge (ADEK) in Abu Dhabi and the Health Education Training Institute (HETI) in Australia.
Read moreTribal Group warns of slowing growth as revenues dip
20th Aug 2019 09:29
(Sharecast News) - Tribal Group's shares fell on Tuesday as it reported a drop in interim revenue and warned that short to medium term growth may slow amid a "structural shift" in the education software industry.
Read moreTribal Group buys Swansea-based Crimson for up to ?10m
10th May 2019 08:35
(Sharecast News) - Tribal Group said on Friday that it has bought Crimson, a Swansea-based provider of customer relationship management based solutions to the education market, for up to £10m.
Read moreTribal earnings 'materially ahead' of expectations
24th Jan 2019 08:57
(Sharecast News) - Education software provider Tribal saw its strong first-half performance spill over into the second and now expects full-year earnings to be "materially ahead of expectations".
Read moreTribal appoints Mark Picket CEO following death of Ian Bowles
5th Oct 2018 08:26
(Sharecast News) - Educational software provider Tribal's chief financial officer Mark Pickett has taken over as the company's chief executive following the death of Ian Bowles.
Read moreTribal Group maintains full-year expectations following 'positive' first half performance
16th Aug 2018 11:44
(Sharecast News) - Educational software and services provider Tribal Group left its full-year expectations unchanged after revealing a positive first-half performance that saw operating profits increase year-on-year.
Read moreTribal Group signs deal with Sheffield University
10th Feb 2017 08:37
(ShareCast News) - AIM-listed Tribal Group has signed a contract with the University of Sheffield for the supply and implementation of a full student management system. The contract is valued at £4.6m over a five-year period and was factored in to the 2017 business plan. In its year-end trading up
Read moreTribal Group expects 2016 performance to be 'materially ahead'
18th Jan 2017 16:14
(ShareCast News) - Tribal Group announced on Wednesday that, following a good second half, the board anticipates that group revenues will be in line with its expectations for the year to 31 December 2016, and the performance of the group will be materially ahead. The AIM-trade company said the outpe
Read moreTribal Group stock up as revenue and earnings slide
15th Sep 2016 14:26
(ShareCast News) - Tribal Group published its half-year report for the six months to 30 June on Thursday, with revenue dropping 22% to £45.2m. The AIM-traded firm said its adjusted operating profit was £0.5m for the period, down 81% year-on-year, though its statutory loss after tax improved 59% to £
Read moreDirector dealings: Tribal Group take up shares as rights issue completes
19th Apr 2016 14:25
(ShareCast News) - Tribal Group's chief executive, chairman and a senior independent director have all subscribed to a total of £1.25m worth of new shares in the cash-strapped company as it looked to shore up its balance sheet after a tough 2015. The provider of software and services for education m
Read moreTribal Group announces rights issue as full year loss widens
16th Mar 2016 10:21
(ShareCast News) - Tribal Group announced a rights issue on Wednesday as it reported a wider loss for 2015. For the year ended 31 December, the group made a statutory pre-tax loss of £47.3m compared to a £6.3m loss in 2014 on the back of impairment charges related to goodwill and capitalised develop
Read moreServelec buys Tribal's children's services business
1st Mar 2016 15:40
(ShareCast News) - Servelec Group has acquired Tribal Group's Synergy children's services management information system business for of £20.25m cash, which it is part-funding with a new bank facility. Using the proceeds to reduce net debt, Tribal, which issued two profit warnings late last year, sai
Read moreTribal crashes to all-time low after second profit warning
14th Dec 2015 10:05
(ShareCast News) - Shares in Tribal Group were speared after the education software and services group issued a four-pronged warning: of lower profits, debts that might breach covenants, a £35m rights issue and proposal to move down from London's full list to AIM. Despite some optimism about potenti
Read moreTribal Group beats path lower after profit warning
19th Oct 2015 08:28
(ShareCast News) - Tribal Group has warned that profits for the current year will be "significantly below" expectations due to project delays and a lack of smaller contracts. The fully listed company, which provides software to schools and universities and carries out Ofsted inspections, said its re
Read moreTribal tumbles despite cutting first half losses
12th Aug 2015 14:13
(ShareCast News) - Shares in Tribal Group beat a path lower as the company's losses persisted in the first half of 2015, even though they narrowed to £6m from £8.4m last year. At 1412 BST shares in the company, which makes education software, were down 9.09% to 147.04p. Revenue fell by 8% to £58m f
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