ADF has released its interim results that are in line with the August trading update and the Group remains on track to hit full-year forecasts. The H1/24A Adj EBITDA was £2.5m, which was a 57% decline YoY and a 67% increase versus the prior half, demonstrating that the period remained impacted by last year’s strikes but that the ramp up in production is evident. The Group saw a continued recovery over the summer months and expects a strong second half of the year. Its valuation remains compellin ....
16 Sep 2024
Facilities by ADF - Ramp up gaining pace
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Facilities by ADF - Ramp up gaining pace
Facilities by ADF PLC (ADF:LON) | 0 0 0.0% | Mkt Cap: 36.7m
- Published:
16 Sep 2024 -
Author:
Andrew Renton -
Pages:
9
ADF has released its interim results that are in line with the August trading update and the Group remains on track to hit full-year forecasts. The H1/24A Adj EBITDA was £2.5m, which was a 57% decline YoY and a 67% increase versus the prior half, demonstrating that the period remained impacted by last year’s strikes but that the ramp up in production is evident. The Group saw a continued recovery over the summer months and expects a strong second half of the year. Its valuation remains compellin ....