Equals Group Plc (GB:EQLS) has released an update.
Equals Group Plc has reported a significant increase in financial performance for the first half of 2024, with a 33% rise in revenues to £60 million and a 30% growth in adjusted EBITDA to £12.7 million. Gross profit margin improved to 57.4%, and the company has seen strong cash reserves of £20.5 million despite dividends and acquisitions. The CEO highlighted the company’s strategic focus on the B2B sector and expansion in Europe, which has contributed to these positive results and led to the announcement of an interim dividend of 1 pence.
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