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?
- By Steve Moore
- 2022-11-22 13:59:51