26 June 2023 - trading update
In a slightly surprising announcement, the shipping and energy consultancy has issued a trading statement ahead of its results for the year ending 28 February 2023 which has included a request that the company's shares be suspended from trading from 3 July. The results for the year are set to be a record. with revenues likely to be at least £150m, underlying operating profit expected to be at least £20m and net cash at the year end expected to be £6.9m. A 33% hike in the total dividend for the year to 12p . . .
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