AGM Trading Update
Manolete Partners PLC announced positive trading in the current financial year (FY27), which is in line with the Board's expectations. The company has seen realised revenues increase compared to the prior year, and the value of its forward book has grown due to an increase in both the number and average value of new cases secured. A more detailed trading update for the first half of the year is anticipated in early October, with Half Year Results to be announced in November.
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Manolete (AIM:MANO), the UK's leading insolvency claims financing company, provides the following update on trading in the current financial year (FY27) ahead of its Annual General Meeting at 10:30am today.
The Group's trading performance has been positive and in-line with the Board's expectations for FY27. Realised revenues are ahead of the prior year, and the value of the Group's forward book has continued to increase, driven by growth in both the number and average value of new cases signed.
The Group intends to provide a more detailed update on trading for H1 in early October following the first half end, and will announce its Half Year Results as usual in November.
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