Marlowe delivered an upbeat Capital Markets Day (CMD) earlier this week, in which it confirmed it was continuing to trade strongly, and was materially ahead of schedule in delivering on its FY24E targets (including achieving £100m of Adj EBITDA at a 20% margin). The CMD included a deep dive into Marlowe's high margin Governance, Risk & Compliance (GRC) division (now c60% of group EBITDA), and focused on its growing software business (c20% of group EBITDA). Marlowe trades on a T+2 Adj P/E of 18.5 ....
07 Apr 2022
Cenkos: Marlowe Plc -- Overachieving versus FY24 targets
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Cenkos: Marlowe Plc -- Overachieving versus FY24 targets
Marlowe Plc (MRL:LON) | 508 0 0.0% | Mkt Cap: 491.8m
- Published:
07 Apr 2022 -
Author:
Peter Renton -
Pages:
7
Marlowe delivered an upbeat Capital Markets Day (CMD) earlier this week, in which it confirmed it was continuing to trade strongly, and was materially ahead of schedule in delivering on its FY24E targets (including achieving £100m of Adj EBITDA at a 20% margin). The CMD included a deep dive into Marlowe's high margin Governance, Risk & Compliance (GRC) division (now c60% of group EBITDA), and focused on its growing software business (c20% of group EBITDA). Marlowe trades on a T+2 Adj P/E of 18.5 ....