Knights Group Holdings Plc (GB:KGH) has released an update.
Knights Group Holdings Plc has reported a solid year with revenues up 6% to approximately £150 million and a 16% increase in underlying profit before tax to £25 million, matching market predictions. The company has maintained strong working capital discipline, resulting in a robust balance sheet, though net debt increased to about £35.2 million after strategic acquisitions. Knights also highlighted strong recruitment, particularly of senior fee earners, setting a positive outlook for continued growth in the coming financial year.
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