Tenon upbeat ahead of interim results

Listed firm expects results to 'comfortably' meet expectations

Written by Nicholas Neveling

Tenon, the AIM-listed accounting firm, issued a bullish trading update today ahead of its interim results for the six months ended 31 December 2007.

The company said performance has been strong over the period and that profitability and cash generation would be 'comfortably in line with expectations'.

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Growth in turnaround and recovery, where Tenon has made recent acquisitions, is expected to perform strongly.

The interim results will be announced on Tuesday 11 March.

Tenon shares were trading unchanged at 54.25p following the announcement.

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