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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. ....
10 May 2021 | 07:45am StockMarketWire.com - Safety company investor Marlowe said it expected its annual results to beat current market forecasts. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the year through March were anticipated to be in excess of £28 million, the company said in a trading update. Marlow said trading in the second half was strong, and that it also delivered further margin expansion and strong underlying cash generation. Reflecting the impact of recent acquisitions, current group run rate adjusted EBITDA is approximately £39 million, it added. The new financial year has started well, with significant demand experienced across all business units in April. ....