FRP has released outstanding 1H results, with revenue up 32% YoY to £77.6m (23% organic, 9% inorganic) and adj. EBITDA up 44% YoY to £22.3m. Growth was driven primarily by rising demand for restructuring services, as challenging economic conditions have persisted, along with a contribution from recent acquisitions (four completed in 1H). FRP is typically 2H-weighted (average 1H/2H split of 43/57% over the past four years) as corporate action is often taken at the start of a calendar year (i.e. F ....
