Driver’s interim results report revenue of £24.4m (H1’21: £25.0m) and adj. PBT of £0.4m (H1’21: £1.0m). This is a creditable performance against a challenging market backdrop, with the legacy effects of COVID-19, and the impact of the war in Ukraine on some of Driver’s clients and their counterparties. Europe & Americas continued to trade very profitably, offsetting losses in the Middle East and APAC. Post period end, the Group issued an update on its Middle East operations, in particular the UA ....
14 Jun 2022
H1 PBT in line; Restructuring drives improved outlook
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H1 PBT in line; Restructuring drives improved outlook
Driver Group Plc (DRV:LON) | 24.5 0 0.0% | Mkt Cap: 12.9m
- Published:
14 Jun 2022 -
Author:
Greg Poulton -
Pages:
6
Driver’s interim results report revenue of £24.4m (H1’21: £25.0m) and adj. PBT of £0.4m (H1’21: £1.0m). This is a creditable performance against a challenging market backdrop, with the legacy effects of COVID-19, and the impact of the war in Ukraine on some of Driver’s clients and their counterparties. Europe & Americas continued to trade very profitably, offsetting losses in the Middle East and APAC. Post period end, the Group issued an update on its Middle East operations, in particular the UA ....