JTC Plc H1 Profit Climbs; Sees FY24 Results In Line With Current Market Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2024
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Source: Business Insider
Financial Performance: JTC Plc reported a 67% increase in profit before tax to £19.9 million for the first half of the year, with revenue growing by 21.1% to £147.1 million and underlying EBITDA rising by 22.3%.
Future Outlook: The company anticipates continued momentum into 2024, maintaining its medium-term guidance of over 10% net organic revenue growth and an underlying EBITDA margin between 33% to 38%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
