12th May 2022 16:43
Public Policy Holding Co Inc - Washington, DC-based US government affairs business, admitted to AIM in December - Revenue in 2021 is 28% higher to USD99.3 million from USD77.5 million a year prior. Pretax loss widens to USD23.8 million from USD1.2 million. Adjusted profit before tax grows to USD5.7 million from USD711,030.
"PPHC started its first year as a listed business in a strong position, with the momentum achieved in 2021 continuing into this financial year. We expect organic initiatives and M&A to broaden and deepen the group's leading capability, drive further market share gains and revenue growth into the coming financial year," says Chief Executive Officer Steward Hall. "The group has a well-defined growth strategy and a strong foundation of blue-chip clients on which to build and we look forward to the future with confidence."
Current stock price: 149.55 pence, up 2.8% on Thursday
12-month change: up 11% from IPO price of 135p
By Elizabeth Winter; [email protected]
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