By Iain Gilbert
Date: Friday 11 Feb 2022
LONDON (ShareCast) - (Sharecast News) - Serviced production facilities provider Facilities by ADF said on Friday that full-year revenues and adjusted underlying earnings were both projected to be ahead of current market expectations.
Facilities by ADF stated that following a "strong close" to 2021, and subject to audit, it currently expects to report revenues of roughly £27.8m and an adjusted EBITDA of no less than roughly £7.5m.
The AIM-listed firm said market dynamics continued to be "strong", with continued "robust demand" for film and high-end television in the UK.
ADF added that it continued to have strong order visibility for the current financial year as well as a growing order book for 2023.
Chief executive Marsden Proctor said: "I'm very pleased with the start we have made as a public company. We have an excellent customer base and a market backdrop which is seeing vast amounts of investment in the UK film and HETV industry."
As of 1310 GMT, Facilities by ADF shares were up 0.45% at 83.38p.
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Currency | UK Pounds |
Share Price | 49.50p |
Change Today | -0.50p |
% Change | -1.00 % |
52 Week High | 61.00 |
52 Week Low | 40.50 |
Volume | 106 |
Shares Issued | 80.91m |
Market Cap | £40.05m |
Value |
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Price Trend |
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Growth |
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Latest | Previous | |
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Interim | Final | |
Ex-Div | 05-Oct-23 | 15-Jun-23 |
Paid | 27-Oct-23 | 30-Jun-23 |
Amount | 0.50p | 0.90p |
Time | Volume / Share Price |
12:15 | 4 @ 52.00p |
12:15 | 2 @ 52.00p |
12:15 | 100 @ 52.00p |
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