Marlowe PLC expects strong set of results ahead of expectati

Marlowe PLC expects strong set of results ahead of expectations


The group has recently acquired three companies which are expected to enhance earnings
Marlowe PLC (LON:MRL) said full-year results will come in ahead of expectations, with adjusted underlying earnings (EBITDA) to be over £28mln in the period to 31 March.
It would be a 43% increase from last year’s £16mln.
The compliance and safety software specialist said it has also delivered further margin expansion and strong underlying cash generation.
Reflecting the impact of recent acquisitions, current group run-rate adjusted EBITDA is around £39mln.
The AIM-listed firm has snapped up Integral Occupational Health, an occupational health provider based in Glasgow for £2mln.

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