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Adsure Services PLC reported slightly decreased profit and revenue for its first six months, but said it ‘consolidated its growth’ and is well-positioned for the full year. Adsure, the holding company for business assurance services provider TIAA Ltd, reported £4.9 million in revenue for the six months ended September 30, down from £5.1 million the year before. Earnings before interest, tax, depreciation, amortisation and non-recurring expenditure totalled £486,355, down from £547,179. Pretax profit decreased to £314,315, down from £334,078. Adsure declared an interim dividend of 0.29 pence, down from 0.786p the year before. This ‘reflects a prudent approach as the company continues to invest in its ’Fit for the Future’ strategy,’ it said. The company added that it maintains a positive outlook for trading in the second half of the year, noting its ‘robust contract base with clear revenue projections and enhanced productivity’. Adsure added that its focus remains on organic growth through securing new contracts and strategic acquisitions. ‘The board is pleased to report that Adsure Services PLC has consolidated its growth during the first half of the financial year, delivering a robust and profitable interim performance,’ Chief Executive Officer Kevin Limn commented. ‘This achievement reflects the ongoing commitment of our staff, strategic investments in technology, and the expansion of our service portfolio...the group is well-positioned for continued momentum in the second half of the year. ‘Our focus on innovation, operational efficiency, and sector-driven business development has laid a strong foundation for future opportunities, and we remain confident in our ability to drive organic growth, create greater efficiencies and deliver value to all stakeholders.’ Shares in Adsure were untraded at 25.00p each on Monday afternoon in London, having sold for 22.00p on Thursday. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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