IN BRIEF: Panoply expects to report hefty annual earnings jump

Mon, 26th Apr 2021 11:27

Panoply Holdings PLC - London-based IT consulting - Expects to report revenue for the financial year that ended March 31 of GBP51 million, up 62%. Adjusted earnings before interest, tax, depreciation and amortisation to rise 79% to GBP6.9 million. "Alongside the impact of three acquisitions made during the year, the FY2021 results will show like-for-like organic revenue growth above the group's stated objective of 10% to 15%," Panoply says.

Current stock price: 271.40 pence, up 8.1% on Monday

Year-to-date change: up 43%

By Eric Cunha; ericcunha@alliancenews.com

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