Empresaria’s year end update confirms that it expects PBT to be c.£5.1m (2019: 9.3m, H1’20: £2.4m), which is c.5% ahead of the top end of the £4.4m-£4.9m range indicated in the 2nd December trading update. The decrease on 2019 reflects the severe impact of COVID-19 on net fee income, partially offset by cost actions and the benefits from operational initiatives. The Group remained profitable In every quarter of the year, benefiting from its sector and geographic diversity. Adj. net debt at the p ....
28 Jan 2021
Recovery in Q4, ahead of December guidance
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Recovery in Q4, ahead of December guidance
Empresaria Group plc (EMR:LON) | 36.5 0 0.0% | Mkt Cap: 18.2m
- Published:
28 Jan 2021 -
Author:
Greg Poulton -
Pages:
3
Empresaria’s year end update confirms that it expects PBT to be c.£5.1m (2019: 9.3m, H1’20: £2.4m), which is c.5% ahead of the top end of the £4.4m-£4.9m range indicated in the 2nd December trading update. The decrease on 2019 reflects the severe impact of COVID-19 on net fee income, partially offset by cost actions and the benefits from operational initiatives. The Group remained profitable In every quarter of the year, benefiting from its sector and geographic diversity. Adj. net debt at the p ....