Altitude (GB:ALT) has released an update.
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Altitude Group PLC has reported a record-breaking year, with a 33% increase in revenues to £24.0 million and a notable 31% rise in adjusted operating profit to £2.4 million, exceeding market expectations. The company attributes its success to significant growth in its Merchanting divisions, including the collegiate market with its University Gear Shop solution, and a robust start to the current financial year. Altitude’s CEO expresses confidence in sustained growth, highlighting six consecutive years of progress.
For further insights into GB:ALT stock, check out TipRanks’ Stock Analysis page.
