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  2. Share Prices
  3. Public Policy Share Price
  4. Public Policy Share News
  5. Public Policy eyes revenue increase, notes acquisition pipeline growth

Pin to quick picksPublic Policy Share News (PPHC)

Public Policy Information

Share Price Information for Public Policy (PPHC)

London Stock Exchange
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Share Price: 125.50
Bid: 123.00
Ask: 128.00
Change: 0.00 (0.00%)
Spread: 5.00 (4.065%)
Open: 125.50
High: 125.50
Low: 125.50
Prev. Close: 125.50
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Public Policy eyes revenue increase, notes acquisition pipeline growth

Mon, 19th Jun 2023 14:15

(Alliance News) - Public Policy Holding Co Inc on Monday said it expects double-digit yearly revenue growth, helped by acquisitions.

The Washington-based government and public relations firm said it expects revenue growth of between 20% to 30% from USD108.8 million in 2022, factoring in the additional contributions from KP Public Affairs and Multistate Associates.

The company forecasts organic growth of around 5% and 10% in 2023.

The underlying earnings before interest, tax, depreciation and amortisation margin is predicted to land between 25% and 30%, compared to 28.7% in 2022.

Public Policy noted that it expects the margin for the first half of 2023 to fall below 25%, before picking up speed in the second half.

The company added that it has seen a "marked acceleration" in its pipeline of mergers and acquisitions opportunities.

Shares in Public Policy were untraded at 132.00 pence each in London on Monday afternoon.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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