Empresaria has experienced continued strong trading momentum, increasing into H2 as the Group continues to realise the benefits from operational initiatives and the improved economic environment. As a result, full year NFI is expected to be in the range of £57m-£59m with adj. PBT in the range of £7.4m-£7.9m. We take the mid-point and increase our PBT forecast by 14% to £7.7m. Given recent progress, the outlook looks increasingly positive for the Group, with an improving end market backdrop and c ....
26 Oct 2021
Strong momentum supports further upgrades
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Strong momentum supports further upgrades
Empresaria Group plc (EMR:LON) | 38.0 0.2 1.3% | Mkt Cap: 18.9m
- Published:
26 Oct 2021 -
Author:
Greg Poulton -
Pages:
3
Empresaria has experienced continued strong trading momentum, increasing into H2 as the Group continues to realise the benefits from operational initiatives and the improved economic environment. As a result, full year NFI is expected to be in the range of £57m-£59m with adj. PBT in the range of £7.4m-£7.9m. We take the mid-point and increase our PBT forecast by 14% to £7.7m. Given recent progress, the outlook looks increasingly positive for the Group, with an improving end market backdrop and c ....