Empresaria Group (EMR)

Sector:

Support

Index:

FTSE AIM All-Share

 40.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 52.00p
  • 52 Week Low: 31.50p
  • Currency: UK Pounds
  • Shares Issued: 49.85m
  • Volume: 2
  • Market Cap: £19.94m
  • RiskGrade: 45

Empresaria shares tumble as it reports tough trading conditions

By Josh White

Date: Tuesday 21 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Shares in specialist staffing group Empresaria were tumbling on Tuesday after it updated the market on its trading in the face of challenging market conditions.
The AIM-traded firm said the challenges, which had persisted throughout 2023, were expected to continue into the first half of 2024.

Notably, the adverse effects were most pronounced in permanent recruitment, where clients delayed hiring decisions and start dates until the new year.

As a result, Empresaria said it expected its full-year adjusted profit before tax to fall within the range of £3m to £3.5m.

It said that it had taken significant measures throughout the year to address costs, so it anticipated that costs in the second half would be more than £3m lower than in the first half.

Empresaria said it was committed to executing its strategic plan, emphasising the simplification of its operations and a vigilant approach to cost control.

The board was confident that the actions would position the firm favourably for growth once market conditions improved.

Empresaria said it would provide a comprehensive update on its full-year trading performance on 25 January.

At 1120 GMT, shares in Empresaria Group were down 21.25% at 31.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EMR Market Data

Currency UK Pounds
Share Price 40.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 52.00p
52 Week Low 31.50p
Volume 2
Shares Issued 49.85m
Market Cap £19.94m
RiskGrade 45

EMR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.37% above the market average21.37% above the market average21.37% above the market average21.37% above the market average21.37% above the market average
39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average39.13% above the sector average
Price Trend
21.41% below the market average21.41% below the market average21.41% below the market average21.41% below the market average21.41% below the market average
39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average
Income
79.7% below the market average79.7% below the market average79.7% below the market average79.7% below the market average79.7% below the market average
70.97% below the sector average70.97% below the sector average70.97% below the sector average70.97% below the sector average70.97% below the sector average
Growth
98.36% below the market average98.36% below the market average98.36% below the market average98.36% below the market average98.36% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EMR Dividends

  Latest Previous
  Final Final
Ex-Div 23-May-24 25-May-23
Paid 13-Jun-24 15-Jun-23
Amount 1.00p 1.40p

Trades for 22-Jul-2024

Time Volume / Share Price
08:25 2 @ 41.00p

EMR Key Personnel

CFO Tim Anderson
CEO Rhona Driggs

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