In its year end trading update, NAHL indicated that operating profit was expected to be in line with market expectations at c.£4.8m (2021: £4.2m), an uplift of more than 15% year-on-year (yoy). Strong cash generation in the period also allowed a better than anticipated reduction in net debt to £13.3m (2021: £15.5m), well ahead of our forecast. Both divisions showed growth and the Personal Injury (PI) activities returned to profit. Our forecasts remain on track, albeit higher interest rates will ....
24 Jan 2023
NAHL Group trading update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
NAHL Group trading update
NAHL Group Plc (NAH:LON) | 67.5 0.3 0.7% | Mkt Cap: 31.7m
- Published:
24 Jan 2023 -
Author:
Ian Jermin -
Pages:
3
In its year end trading update, NAHL indicated that operating profit was expected to be in line with market expectations at c.£4.8m (2021: £4.2m), an uplift of more than 15% year-on-year (yoy). Strong cash generation in the period also allowed a better than anticipated reduction in net debt to £13.3m (2021: £15.5m), well ahead of our forecast. Both divisions showed growth and the Personal Injury (PI) activities returned to profit. Our forecasts remain on track, albeit higher interest rates will ....