28 Sep 2023
Execution of Convex deals key to forecast delivery
RBG delivered H1 adj. EBITDA of £2.9m (H1’22: £7.0m) and adj. PBT of £0.8m (H1’22: £5.0m). FY23 adj. EBITDA guidance of £10m-£12m (SCMe: £10m) is unchanged, supported by continued robust trading in Legal Services, as well as a strengthened deal pipeline in Convex, where management is confident of several transactions completing during Q4. Delivery of these is key to forecast delivery. With year end leverage expected to be 3.0x and the facility expiring in April ‘24, management has commenced a re ....
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Execution of Convex deals key to forecast delivery
RBG Holdings Plc (RBGP:LON) | 11.0 0.2 19.8% | Mkt Cap: 14.2m
- Published:
28 Sep 2023 -
Author:
Greg Poulton -
Pages:
3
RBG delivered H1 adj. EBITDA of £2.9m (H1’22: £7.0m) and adj. PBT of £0.8m (H1’22: £5.0m). FY23 adj. EBITDA guidance of £10m-£12m (SCMe: £10m) is unchanged, supported by continued robust trading in Legal Services, as well as a strengthened deal pipeline in Convex, where management is confident of several transactions completing during Q4. Delivery of these is key to forecast delivery. With year end leverage expected to be 3.0x and the facility expiring in April ‘24, management has commenced a re ....