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FRP Advisory Group PLC - London-based corporate finance, restructuring and debt adviser - Notes progress made over nine months to January 31, citing a ‘strong’ balance sheet and net cash position. Expects to meet consensus market expectations for the current financial year ending on April 30 of £123 million in revenue, up 18% from £104.0 million in financial 2023, and adjusted earnings before interest, tax, depreciation and amortisation of £32 million, 19% higher than £27.0 million a year prior. Declares a third quarter dividend of 0.9 pence per share, up 5.9% from 0.85p a year prior. FRP Advisory expects to give an update for financial 2024 in mid-May. Current stock price: 124.00 pence, down 2.8% on late Wednesday morning in London 12-month change: down 6.1% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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