Interims outline continued growth set to a backdrop of considerable macro uncertainty during H1, thus a creditable performance with sustained profitability. New business development has continued and heading into H2 (with a tax year end) there is reason for optimism. Strategic initiatives see further evolution in pursuit of a medium term trebling. We leave forecasts unchanged with current trading in line and 45% of FY23e already covered. We see an attractive 13x PER (and 8x EV/EBITDA), vs peers ....