PayPoint Plc FY24 Post-close Trading Update
FY24 underlying EBITDA exceeds £80m, net debt below £70m, with share buyback under consideration.
vs expectations: in line
- Underlying EBITDA in excess of £80m
- Year end net debt below £70m
- Underlying PBT in line with expectations
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PayPoint Plc today issues an unaudited post-close trading update for the financial year ended 31 March 2024.
The Group anticipates that underlying EBITDA will be in excess of £80m for FY24, year end net debt below £70m and underlying PBT in line with expectations, as outlined in our Q3 trading update issued on 24 January 2024.
The strength of this performance, underpinned by sustained strong cash flow and our confidence in the delivery of continued growth and achieving our financial targets, has enabled the Board to now have under active consideration a share buyback programme to further enhance shareholder returns. Details of this will accompany the announcement of PayPoint Plc’s preliminary results for the financial year ended 31 March 2024 on 13 June 2024.
1 All FY24 figures are subject to audit
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