Altitude has released a trading statement this morning confirming FY23 results will be at least in line with Zeus’ recently upgraded forecasts and trading in the first few weeks of FY24 has been strong. The upgrades put through at the time of the last update (28th March) were predicated on new contract wins in the Adjacent Markets Programmes (AMPs) leading to an increase in EBITDA expectations of 11.9% in FY24 and 24.2% in FY25. The contracts underpin the strong start to the new financial year b ....

08 Jun 2023
Altitude Group (ALT LN) - Trading update highlights strong start to FY24

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Altitude Group (ALT LN) - Trading update highlights strong start to FY24
Altitude Group plc (ALT:LON) | 45.0 -0.7 (-3.2%) | Mkt Cap: 31.9m
- Published:
08 Jun 2023 -
Author:
Andy Hanson -
Pages:
7 -
Altitude has released a trading statement this morning confirming FY23 results will be at least in line with Zeus’ recently upgraded forecasts and trading in the first few weeks of FY24 has been strong. The upgrades put through at the time of the last update (28th March) were predicated on new contract wins in the Adjacent Markets Programmes (AMPs) leading to an increase in EBITDA expectations of 11.9% in FY24 and 24.2% in FY25. The contracts underpin the strong start to the new financial year b ....