Pembroke Managing Agency Limited has provided us with the result of Acappella Syndicate 2014’s 2016 year of account and an updated forecast in respect of the 2017 account as follows:

 

year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2016

129,336

-12.2%

-8.5% to -3.5%

6.2 points worse

2017

136,918

-18.5% to -8.5%

-19.1% to -9.1%

0.6 points better

2018

150,000

No forecast at this stage

As usual, all results and forecasts are expressed as a percentage of capacity and are after all standard personal expenses other than members’ agents’ fees and charges.