Full year results from ANX this morning illustrate a solid year of trading from the group, with strong revenue growth being offset by investments in staff and marketing costs. Having invested heavily in growing cases in its working capital-intensive credit hire business in the prior year, FY2022 saw ANX shifting focus towards working capital management through investment in legal staff and a reduction in the number of vehicles on the road. In the credit hire business, this resulted in modest rev ....

10 May 2023
Anexo Group plc - Full year results: Underlying PBT growth as focus shifts to cash management

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Anexo Group plc - Full year results: Underlying PBT growth as focus shifts to cash management
Anexo Group Plc (ANX:LON) | 61.5 -0.3 (-0.8%) | Mkt Cap: 72.6m
- Published:
10 May 2023 -
Author:
Nick Spoliar | Charlie Cullen -
Pages:
4 -
Full year results from ANX this morning illustrate a solid year of trading from the group, with strong revenue growth being offset by investments in staff and marketing costs. Having invested heavily in growing cases in its working capital-intensive credit hire business in the prior year, FY2022 saw ANX shifting focus towards working capital management through investment in legal staff and a reduction in the number of vehicles on the road. In the credit hire business, this resulted in modest rev ....