Source - Alliance News

FRP Advisory Group PLC - London-based corporate finance, restructuring & debt adviser - Expects to post revenue of £49.4 million for the six months ended on October 31, up 11% year-on-year from £44.7 million, and underlying adjusted earnings before interest, tax, depreciation and amortisation of £11.6 million, up 4.5% from £11.1 million. The outcomes will be in line with board expectations. Says the medium-term outlook for our key markets remains positive and the board is confident of making further progress in the current financial year.

Chief Executive Officer Geoff Rowley says: ‘FRP has made good progress in the first half, continuing to grow our team, revenue and profits. Our strategy remains to deliver sustainable profitable growth by ensuring our five service pillars work together to provide solutions that achieve the best possible outcomes.’

FRP expects to report results for the half year ended 31 October on December 13.

Current stock price: 162.50 pence, down 2.4% on Friday in London

12-month change: up 26%

Copyright 2022 Alliance News Limited. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Frp Advisory Group PLC (FRP)

-0.63p (-0.52%)
delayed 11:41AM