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Begbies Traynor Continues Track Record Of Earnings Growth

Thu, 20th Sep 2018 13:30

LONDON (Alliance News) - Professional consultancy firm Begbies Traynor Group PLC said Thursday that it expects to continue its track record of earnings growth in the current year.

In his annual general meeting statement, Chairman Ric Traynor said that the company's trading in the first quarter of the year "is in line with our expectation for the year as a whole, with revenue growth in the quarter generated from our recent acquisitions".

He added: "Overall, we anticipate continuing our track record of earnings growth in the current financial year, as we expect to benefit from an improving market for our counter-cyclical activities whilst seeking to continue to increase our market share through our investments for growth."

Begbies Traynor shares were trading up 2.4% at 70.88 pence each.

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