Begbies Traynor Group Plc Share Price (BEG.GB.PL)

The share that keeps giving...

Up 23% since my post in December, and still looking strong for future growth.

Very happy to stay invested here - a recession/disaster proof business with 10 years of significant growth.

Better than chasing rainbows.

Https://www.proactiveinvestors.co.uk/companies/news/1062486/begbies-traynor-jumps-as-increasing-insolvencies-boosts-profits-1062486.html

Posting this for anybody looking in on here as I think this is a quality investment that PI's just aren't noticing.

Latest result headlines:

Revenue growth of 16% (11% organic, 5% acquired)

Adjusted EBITDA growth of 20% reflecting revenue growth and improved margins

Adjusted profit before tax growth of 16%

Increase in interim dividend for the seventh consecutive year of dividend growth.

This company delivers double digit growth year after year and operates in markets (in particular insolvency) favourable to ongoing growth for the foreseeable future.

The SP however hasn't kept in line with the performance, (quite the opposite) and is bouncing back from a low, but is still very cheap.

Anyway, don't take my word for it - have a look at the fundamentals and the market Begbies operate in, and decide for yourselves.

#BEG.GB Interim results presentation to analysts.

Https://www.piworld.co.uk/company-videos/begbies-traynor-beg-interim-results-presentation-december-2021/

Interesting facts on insolvencies: they say worst hit are construction, retail & of course hospitality. There's an increase in corporate debt (and difficulty fulfilling borrowing criteria) and working capital pressures. Administrations are still below pre-pandemic levels; liquidation volumes back up to pre-pandemic levels.