Altitude’s interim results show continued strong trading and operational progress, with a positive outlook for the remainder of the year. FY24 revenue and adjusted EBITDA is expected to be in line with market expectations. The Group’s pipeline for university campus stores (Gear Shops) remains healthy and growing, with further contract announcements expected between March and June next year. Our average valuation estimate is now 57.8p per share (previously 57.6p), but material Gear Shop contract ....

28 Nov 2023
Altitude Group (ALT LN) - Continued rapid growth

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Altitude Group (ALT LN) - Continued rapid growth
Altitude Group plc (ALT:LON) | 20.5 0 0.0% | Mkt Cap: 14.9m
- Published:
28 Nov 2023 -
Author:
Andy Hanson | Carl Smith, CFA -
Pages:
11 -
Altitude’s interim results show continued strong trading and operational progress, with a positive outlook for the remainder of the year. FY24 revenue and adjusted EBITDA is expected to be in line with market expectations. The Group’s pipeline for university campus stores (Gear Shops) remains healthy and growing, with further contract announcements expected between March and June next year. Our average valuation estimate is now 57.8p per share (previously 57.6p), but material Gear Shop contract ....