Begbies Traynor (GB:BEG) has released an update.
Begbies Traynor Group plc reports a strong financial year with a 12% increase in revenue and a 9% rise in adjusted EBITDA, signaling its ninth consecutive year of profit growth. The company has made strategic acquisitions contributing to its revenue, while maintaining a robust balance sheet with lower than expected net debt, and is poised for continued growth in business recovery and property services. Despite increased finance costs, the company’s performance has exceeded market expectations, and it anticipates ongoing expansion supported by a new credit facility.
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