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Pin to quick picksRPS Group Share News (RPS)

Share Price Information for RPS Group (RPS)

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Share Price: 205.00
Bid: 205.00
Ask: 206.00
Change: -1.00 (-0.49%)
Spread: 1.00 (0.49%)
Open: 206.00
High: 206.00
Low: 205.00
Prev. Close: 205.00
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IN BRIEF: RPS Group first quarter ahead of internal expectations

Wed, 27th Apr 2022 11:50

RPS Group PLC - London-based professional services firm - Performance in quarter to April 1 was "encouraging" and "slightly" ahead of internal expectations. Fee revenue up 12% year on year to GBP131.8 million.

"With growing order books and increasing headcount, all segments, except North America, delivered year-on-year fee revenue growth in Q1. Although private equity activity has been slow to ramp up post the year-end and delays continue in the initiation of government infrastructure projects, market drivers remain positive in North America," company says.

Group April 1 contracted order book up 8% on end of December and up 15% on year before. Cash flow continues to be "tightly managed".

Chief Executive John Douglas adds: "Our key thematics continued to drive momentum into the new financial year and we secured some significant client wins in the period."

Current stock price: 103.75 pence, up 1.7% on Wednesday

12-month change: up 5.9%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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