Finals to June 2024 have delivered results pleasantly ahead of the July trading update and unchanged FY24 & FY25E revenue, EBITDA and cash flow expectations after having delivered small uplifts to profit forecasts at interims. With revenue of £79m (a pleasant 1% ahead of pre-TU expectations), adj EBITDA 3% ahead, adj EBIT +1% and PBT +3%, cash reported was 22% of pre trading update expectations, at £42.2m, yielding a consistent £11.5m FCF (FY23: £11.68m). Revenue growth of 14% (vs 14%E) included ....
