FRP's maiden results post-IPO highlight a strong year of growth (+16% in revenues YoY, +34% in CKS Adj EBITDA) over FY20A. Covid-19's impact on UK corporates has yet to be fully witnessed, due to temporary measures (namely government support) which look set to be withdrawn later this year. While this has reduced the number of available market engagements during Q1/21E, FRP has maintained in-line trading through executing larger projects with a higher headcount. With Covid's impact still to be fu ....
27 Aug 2020
Cenkos: FRP Advisory Plc -- Well placed for what's to come
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Cenkos: FRP Advisory Plc -- Well placed for what's to come
FRP Advisory Group Plc (FRP:LON) | 120 0 0.0% | Mkt Cap: 300.4m
- Published:
27 Aug 2020 -
Author:
Cavendish Research -
Pages:
8
FRP's maiden results post-IPO highlight a strong year of growth (+16% in revenues YoY, +34% in CKS Adj EBITDA) over FY20A. Covid-19's impact on UK corporates has yet to be fully witnessed, due to temporary measures (namely government support) which look set to be withdrawn later this year. While this has reduced the number of available market engagements during Q1/21E, FRP has maintained in-line trading through executing larger projects with a higher headcount. With Covid's impact still to be fu ....