We have upgraded our FY21e forecasts in line with the year-end trading update, which confirmed an outcome expected to be comfortably ahead of market expectations. The key driver was a strong Q4 performance by both operating divisions: FY21 revenues are now expected to come in at c £83.7m (FY20: £70.5m) and adjusted PBT at c £11.5m (2020: £9.2m), which reflects continued overall margin enhancement
21 May 2021
‘Comfortably ahead of market expectations’
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‘Comfortably ahead of market expectations’
Begbies Traynor Group plc (BEG:LON) | 108 0 0.0% | Mkt Cap: 172.2m
- Published:
21 May 2021 -
Author:
Andy Edmond | Roger Leboff -
Pages:
2
We have upgraded our FY21e forecasts in line with the year-end trading update, which confirmed an outcome expected to be comfortably ahead of market expectations. The key driver was a strong Q4 performance by both operating divisions: FY21 revenues are now expected to come in at c £83.7m (FY20: £70.5m) and adjusted PBT at c £11.5m (2020: £9.2m), which reflects continued overall margin enhancement