Mind Gym boosted by first half results
Master Investor Magazine
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AIM-listed training business Mind Gym (LON:MIND) has seen its share price rise by 8.57% to 133p (as of 11:00 BST) after it said revenues for the six months ended 30th September would be roughly 24% ahead of the comparative period. With both the US and EMEA regions performing well, constant currency results are expected to be slightly ahead of guidance.
CEO Octavius Black commented: “The market for business cultural change is ripe for disruption. Our strong revenue performance in the first half shows how leaders of big businesses are increasingly switching to our new, behavioural science-based solutions. As a result, we are making significant investments in commercial capacity, infrastructure, our digital proposition and senior leadership, most recently with the appointment of Wei-Li Chong as President Mind Gym US. We are pleased with the first half results and very focused on what needs to be done to deliver long term, sustainable growth“.
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