Tribal raises profits guidance - UPDATE

Education software firm Tribal Group surged on Friday after the group unveiled a strong performance in the final quarter of the year, saying adjusted pre-tax profit for 2011 will be 'significantly' ahead of the board's previous expectations.

Education software firm Tribal Group surged on Friday after the group unveiled a strong performance in the final quarter of the year, saying adjusted pre-tax profit for 2011 will be 'significantly' ahead of the board's previous expectations.

International demand for the firm's technology products and services has continued to grow, while the benefits of its cost reduction programmes are now embedded across the group.

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