16th Dec 2020 14:39
FRP Advisory Group PLC - London-based professional services firm specialising in restructuring advisory - Posts pretax profit for the six months to October 31 of GBP7.1 million, widening from GBP2.9 million a year prior. Revenue is up to GBP35.9 million from GBP31.4 million a year before. Says its resource flexibility and breadth has proven invaluable in the current climate, helping the company to support businesses as they adapt to a fast-changing environment. Declares interim dividend of 1.6 pence per share. Intends to adopt a quarterly dividend payment schedule starting in 2021. Says medium-term outlook for the market is positive.
Current stock price: 106.90 pence
By Greg Roxburgh; [email protected]
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