26 Mar 2024
Empresaria - Offshore Services underpins upside in challenging markets
Empresaria’s FY 2023 results are in-line with the January statement. Recruitment markets remain challenging (a point also recently highlighted by peers) but Empresaria has taken action to reduce costs, complexity and sharpen focus on its core sectors. This puts the group in a good position to take advantage of any market recovery with management cautiously highlighting the expectation of an improvement from H2. We make no major changes to our forecasts except to rebase dividend expectations to t ....
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Empresaria - Offshore Services underpins upside in challenging markets
Empresaria Group plc (EMR:LON) | 38.0 0 0.0% | Mkt Cap: 18.9m
- Published:
26 Mar 2024 -
Author:
Guy Hewett | Andrew Gibb -
Pages:
12
Empresaria’s FY 2023 results are in-line with the January statement. Recruitment markets remain challenging (a point also recently highlighted by peers) but Empresaria has taken action to reduce costs, complexity and sharpen focus on its core sectors. This puts the group in a good position to take advantage of any market recovery with management cautiously highlighting the expectation of an improvement from H2. We make no major changes to our forecasts except to rebase dividend expectations to t ....