23rd Jun 2015 07:37
LONDON (Alliance News) - BCA Marketplace PLC on Tuesday confirmed its adjusted earnings before interest, taxation, depreciation and amortisation will be in line with the targets set out in its listing prospectus earlier this year.
BCA, which operates the British Car Auctions brand and which listed in London in April, said its adjusted Ebitda for the year to the end of December 2014 was GBP82 million, in line with its guidance for the figure to be at least GBP80 million.
BCA also said it will be changing its financial year end to March 31.
Shares in BCA were up 1.9% to 159.00 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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