21 Dec 2021
Further material earnings upgrade in Q4 update
Empresaria’s Q4 update highlights that trading has continued to be strong throughout Q4, with strong growth in NFI driving outperformance in earnings. PBT is now expected to be materially ahead of previous expectations and we therefore upgrade our forecast by 10.4%, with our EPS forecast increasing by 12.0%. This comes on the back of several upgrades during this financial year. Since introducing our 2021 PBT forecast on 18th March, we have upgraded cumulatively by 63.5% or £3.3m. Given the Group ....
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Further material earnings upgrade in Q4 update
Empresaria Group plc (EMR:LON) | 36.5 0 0.0% | Mkt Cap: 18.2m
- Published:
21 Dec 2021 -
Author:
Greg Poulton -
Pages:
3
Empresaria’s Q4 update highlights that trading has continued to be strong throughout Q4, with strong growth in NFI driving outperformance in earnings. PBT is now expected to be materially ahead of previous expectations and we therefore upgrade our forecast by 10.4%, with our EPS forecast increasing by 12.0%. This comes on the back of several upgrades during this financial year. Since introducing our 2021 PBT forecast on 18th March, we have upgraded cumulatively by 63.5% or £3.3m. Given the Group ....