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Investegate |Personal Group Announcements | Personal Group: Interim Results & Interim Dividend

Investegate |Personal Group Announcements | Personal Group: Interim Results & Interim Dividend
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Personal sees annual earnings fall; warns of fresh lockdown impact | 26 January 2021

26 January 2021 | 09:30am StockMarketWire.com - Employee benefits and services provider Personal said it expected its annual earnings to fall amid a broadly flat revenue performance. Adjusted earnings before interest, tax, depreciation and amortisation for the year through December were expected to be upwards of £9.5 million, down from £11.0 million year-on-year. Revenue would be broadly in line at around £70 million, with the fall in earnings reflecting a change in revenue mix. Following a solid first half performance, we continued to trade robustly for the remainder of 2020, demonstrating the business ongoing resilience during a most challenging period, Personal said. The company made good strategic progress throughout the year, securing a number of new contracts and strengthening key partnerships.

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