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Pin to quick picksFrp Advisory Group Share News (FRP)

Share Price Information for Frp Advisory Group (FRP)

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Share Price: 125.50
Bid: 124.00
Ask: 127.00
Change: 2.00 (1.62%)
Spread: 3.00 (2.419%)
Open: 123.50
High: 125.50
Low: 123.50
Prev. Close: 123.50
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IN BRIEF: FRP Advisory ups dividend as eyes earnings, revenue growth

Wed, 14th Feb 2024 11:40

FRP Advisory Group PLC - London-based corporate finance, restructuring and debt adviser - Notes progress made over nine months to January 31, citing a "strong" balance sheet and net cash position. Expects to meet consensus market expectations for the current financial year ending on April 30 of GBP123 million in revenue, up 18% from GBP104.0 million in financial 2023, and adjusted earnings before interest, tax, depreciation and amortisation of GBP32 million, 19% higher than GBP27.0 million a year prior. Declares a third quarter dividend of 0.9 pence per share, up 5.9% from 0.85p a year prior. FRP Advisory expects to give an update for financial 2024 in mid-May.

Current stock price: 124.00 pence, down 2.8% on late Wednesday morning in London

12-month change: down 6.1%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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