15 November 2022 - final results
The AIM-listed logistics and courier group has announced its final results for the year to 2 July 2022 and these have impressed the market. We suggested that readers should buy the shares last week at 24p when we tipped them as a speculative buy and anyone who followed our tip is already sitting on a useful gain. During the last financial year, the company reported a 12% increase in revenues to £428.2m, whilst adjusted pre-tax profits rose 68% to £20.2m. Adjusted earnings per share increased by 45% to 2.9p although . . .
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