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Empresaria ( (GB:EMR) ) has shared an update.
Empresaria Group PLC announced a trading update for the financial year ended 31 December 2024, noting a challenging market environment. Despite a 6% decline in net fee income at constant currency and like-for-like terms, the company expects adjusted profit before tax to meet market expectations. The Americas was the only region to deliver fee income growth of 5%, while other regions faced declines. The company reported an increase in net debt to £15.3 million, influencing the board’s decision not to recommend a final dividend for 2024. The CEO emphasized the company’s progress on strategic objectives and its focus on performance improvement despite ongoing market challenges.
More about Empresaria
Empresaria Group PLC is a global specialist staffing group providing staffing services across various regions. The company focuses on temporary and contract staffing, permanent placements, and offshore services, with a significant presence in the Americas, UK & Europe, APAC, and Offshore Services markets.
YTD Price Performance: 0.0%
Average Trading Volume: 22,380
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £12.84M
See more insights into EMR stock on TipRanks’ Stock Analysis page.
