12 Aug 2021
PBT growth of 67% in H1 and upgrade to forecasts
Empresaria’s first half has generated strong growth with adjusted profit before tax rising by 67% year on year (yoy) to £4m. This excellent performance was achieved despite a revenue decline of 5% yoy and a modest increase in net fee income (NFI) due to operational efficiencies achieved in a number of sectors. The Board is encouraged by the strong start to the year and now expects that adjusted profits for the full year will be significantly ahead of the prior year and current market expectation ....
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PBT growth of 67% in H1 and upgrade to forecasts
Empresaria Group plc (EMR:LON) | 35.5 0 0.0% | Mkt Cap: 17.7m
- Published:
12 Aug 2021 -
Author:
Ian Jermin -
Pages:
12
Empresaria’s first half has generated strong growth with adjusted profit before tax rising by 67% year on year (yoy) to £4m. This excellent performance was achieved despite a revenue decline of 5% yoy and a modest increase in net fee income (NFI) due to operational efficiencies achieved in a number of sectors. The Board is encouraged by the strong start to the year and now expects that adjusted profits for the full year will be significantly ahead of the prior year and current market expectation ....