A TOP York employer has said it expects to provide some good news when it announces its full results for 2016.
CPP Group Plc, the international assistance business, has given an update on trading in the period since its interim results announcement published in August.
It said: “A combination of continued focus on cost control across the group, increased sales volumes in our Indian business, and the impact of a weaker sterling on the results of our European operations, has resulted in the board now anticipating underlying operating profit for the full year ended December 31, 2016, to be materially ahead of the expectations detailed in the interim results.
“Additionally, further to the group’s announcement on September 14, regarding the decision to develop an IT platform on its existing systems, CPP continues to negotiate an agreement with SSP Limited and will provide an update on the final outcome in due course.”
The business, based at Holgate Park, appointed a new chief executive, Jason Walsh, in May.
In its interim results it stressed the importance of its growth overseas.
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