Kinovo PLC (GB:KINO) has released an update.
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Kinovo PLC surpassed market expectations with its year-end financial results, showcasing a revenue increase of 2% to £64.1 million and significant growth in profitability, such as a 23% rise in adjusted EBITDA to £6.7 million. The company also successfully concluded its legacy construction projects, freeing up resources to focus on core operations in the areas of Regulation, Regeneration, and Renewables. With a strong start to the new financial year and the anticipation of concluding the final legacy project, Kinovo PLC is poised for another robust performance.
For further insights into GB:KINO stock, check out TipRanks’ Stock Analysis page.
