FRP's interim results confirm FY21E is likely to be another year of strong revenue growth, while profitability being largely maintained despite material resource investment. This comes despite subdued conditions for UK appointments, evidencing FRP's market share gains. Once government support measures begin to unwind (currently expected early in FY22E), we expect a notable rise in appointments, which FRP is well positioned and resourced to service. We see upside to FY22E forecasts should this up ....