Ebiquity’s pre-close trading update indicates recovery as expected in H220, from both a pick-up in demand from existing clients and a good performance in winning new business. The group therefore returned to profit in the second half, leaving it with a small adjusted operating loss for the full year, slightly below our earlier estimate of a small profit. The performance on net debt was better than our modelling, with the group ending the year with net debt of £7.7m (Edison estimate £8.8m). Ebiqu ....
15 Feb 2021
Ebiquity - Activity levels recovering
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Ebiquity - Activity levels recovering
Ebiquity Plc (EBQ:LON) | 39.0 0 0.0% | Mkt Cap: 54.8m
- Published:
15 Feb 2021 -
Author:
Fiona Orford-Williams -
Pages:
3
Ebiquity’s pre-close trading update indicates recovery as expected in H220, from both a pick-up in demand from existing clients and a good performance in winning new business. The group therefore returned to profit in the second half, leaving it with a small adjusted operating loss for the full year, slightly below our earlier estimate of a small profit. The performance on net debt was better than our modelling, with the group ending the year with net debt of £7.7m (Edison estimate £8.8m). Ebiqu ....