Against the backdrop of a subdued administrations market, FRP reported a solid set of interim results, with 9% organic revenue growth and Adj EBITDA up 5% YoY to £11.6m. Economic challenges continue to escalate (elevated inflation, increasing interest rates, depressed consumer confidence etc), suggesting that administrations are likely to rise in the period ahead. Management confirm that trading remains in line with full year expectations, and as such, we leave our forecasts substantially unchan ....
13 Dec 2022
Cenkos: FRP Advisory Group Plc - Trading in line with full year expectations
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Cenkos: FRP Advisory Group Plc - Trading in line with full year expectations
FRP Advisory Group Plc (FRP:LON) | 121 0 0.0% | Mkt Cap: 304.2m
- Published:
13 Dec 2022 -
Author:
Peter Renton -
Pages:
8
Against the backdrop of a subdued administrations market, FRP reported a solid set of interim results, with 9% organic revenue growth and Adj EBITDA up 5% YoY to £11.6m. Economic challenges continue to escalate (elevated inflation, increasing interest rates, depressed consumer confidence etc), suggesting that administrations are likely to rise in the period ahead. Management confirm that trading remains in line with full year expectations, and as such, we leave our forecasts substantially unchan ....