FY24 results highlight a record outturn, with revenue of £67.3m (2023: £27.2m) and adj. PBT of £22.3m (2023: £11.2m), both in line with expectations. Organic growth of 6% was enhanced by the strategic acquisitions of Belvoir and GPEA. Cost synergies of £0.4m were delivered in FY24, with a further £2.1m expected in FY25. Guidance is reiterated and we forecast EPS growth of 12%/8% in FY25/FY26. The expanded operations offer significant growth potential beyond this as management seeks to achieve re ....

08 Apr 2025
Record FY24 outturn; FY25 guidance reiterated

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Record FY24 outturn; FY25 guidance reiterated
Property Franchise Group PLC (TPFG:LON) | 442 -2.2 (-0.1%) | Mkt Cap: 282.1m
- Published:
08 Apr 2025 -
Author:
Greg Poulton -
Pages:
3 -
FY24 results highlight a record outturn, with revenue of £67.3m (2023: £27.2m) and adj. PBT of £22.3m (2023: £11.2m), both in line with expectations. Organic growth of 6% was enhanced by the strategic acquisitions of Belvoir and GPEA. Cost synergies of £0.4m were delivered in FY24, with a further £2.1m expected in FY25. Guidance is reiterated and we forecast EPS growth of 12%/8% in FY25/FY26. The expanded operations offer significant growth potential beyond this as management seeks to achieve re ....