Anexo Group Plc ( (GB:ANX) ) just unveiled an update.
Anexo Group plc reported that its FY 2024 trading was in line with expectations, with significant contributions from housing disrepair and serious injury work. The company has made substantial investments in class action suits concerning diesel emissions, amounting to £6.5 million, and has filed claims against major car manufacturers, which are anticipated to boost profitability and reduce net debt if settled. Additionally, Anexo secured two new financing facilities in 2024, enhancing its financial headroom and reducing interest costs, with arrangements secured until 2027.
More about Anexo Group Plc
Anexo Group plc operates within the credit hire and legal services industry. The company specializes in providing integrated services related to credit hire, legal assistance, housing disrepair, and serious injury claims. Anexo is also involved in class action lawsuits, particularly focusing on diesel emissions claims against automotive manufacturers.
YTD Price Performance: -6.09%
Average Trading Volume: 219,634
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £76.46M
See more data about ANX stock on TipRanks’ Stock Analysis page.
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