By Christian Moess Laursen
Gamma Communications said Wednesday that it has confirmed its guidance after growth across its three segments in the year to date, and that it expects the momentum to continue through the rest of 2023.
The balance sheet as at April 30 grew to 101.3 million pounds ($126.5 million) from GBP54.0 million a year prior due to underlying result continuing to generate cash, the company said.
For the full-year, the company still expects adjusted earnings before interest, taxes, depreciation and amortization and adjusted earnings per share to be within range of market forecasts.
According to a company-compiled consensus, the market sees adjusted Ebitda in the range of GBP110.4 million to GBP117.2 million for 2023, and adjusted EPS of 70.0 pence to 77.0 pence.
Write to Christian Moess Laursen at christian.moess@wsj.com
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