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Results: ALT

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EPIC ALT
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Altitude Group – “materially ahead of current market expectations”…but what does that mean at the bottom-line?

Promotional products marketplace group Altitude (ALT) has issued a trading update emphasising that it “anticipates that FY23 trading will be materially ahead of current market expectations, and that the group will achieve record year-end results” and that it “also anticipates that the group will continue to experience revenue and EBITDA growth throughout 2023”. So what of a current 15.6% higher share price response to 26p, an £18.4 million market cap?

EPIC ALT
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Altitude Group – how “excellent” is its half-year “period of growth”?

Personalised products marketplace group Altitude (ALT) has issued a trading update including that it “is pleased to report the group has delivered another excellent period of growth… well placed for accelerated future growth, the board remains confident in its positive outlook for the future”. What of a current approaching 5% higher share price response to 22.5p?

EPIC ALT
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Altitude Group – full-year results (at 10:36am!), was I right to remain wary?...

Previously writing on self-styled “operator of a leading marketplace for the global promotional products industry” Altitude Group (ALT), in July I concluded I remain wary, including looking forward to the next balance sheet – it states it is “well positioned to benefit from continued market recovery”, but how are the receivables and liabilities? With a market cap of £29 million, I certainly currently continue to avoid. What of full-year results today then?...

EPIC ALT
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Altitude Group – trading update, is it really “well positioned”?

Self-styled “operator of a leading marketplace for the global promotional products industry” Altitude Group (ALT) “is pleased to report that the group continues to trade positively” – and the shares have currently responded back above 40p, 9% higher. However, what does its “positively” actually mean?...

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