BBB’s H1 22 trading update highlights excellent progress in Australasia and the Nordics, with organic revenue growth of +15% to £14.9m, adjusted EBITDA of £2.0m, and adjusted FCF of £0.4m. It has also announced that no deferred contingent consideration will be paid by Northleaf for the June 2021 acquisition of Quickline, as the global shortage of 5G equipment has impacted Quickline’s ability to achieve the performance conditions by 31 May 2022. We make no changes to our forecasts for the continu ....
