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Anexo Group Plc >
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Anexo Group* -

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  • 11 May 2022

Anexo Group* -


Anexo Group Plc (ANX:LON) | 122 0 0.0% | Mkt Cap: 143.9m


  • Arden Partners
    • Stephen Barrett

    • 3 pages

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Stronger than expected results: Trading was robust last year, with FY21 group revenues +36.2% to £118.2mn. Anexo had guided in January that pre-tax profits would significantly exceed market expectations and adj. PBT of £24.1mn for the full year was +49.7% y/y, broadly in line with our revised forecast. This was even after significant investment across the group, which together with a favourable market backdrop, under-pins our FY22 forecasts, with an upward bias to FY23. Finally, we continue to e ....

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Anexo Group* -


Anexo Group Plc (ANX:LON) | 122 0 0.0% | Mkt Cap: 143.9m


  • Published: 11 May 2022
  • Author: Stephen Barrett
  • Pages: 3
  • Arden Partners


Stronger than expected results: Trading was robust last year, with FY21 group revenues +36.2% to £118.2mn. Anexo had guided in January that pre-tax profits would significantly exceed market expectations and adj. PBT of £24.1mn for the full year was +49.7% y/y, broadly in line with our revised forecast. This was even after significant investment across the group, which together with a favourable market backdrop, under-pins our FY22 forecasts, with an upward bias to FY23. Finally, we continue to e ....


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