FRP Advisory Group plc
("FRP", the "Group"
or the "Company")
Q3 Trading Update and Dividend
Declaration
FRP Advisory Group plc, a leading national
specialist business advisory firm, is pleased to announce a
trading update for the nine months ended 31 January 2025 and
declares its Q3 dividend.
Trading
Performance
FRP is pleased with its performance in the year
to date, with trading across each of the five service pillars
currently ahead of the Board's expectations, demonstrating FRP's
ability to grow profitably through a range of services that help
clients at different stages of their Corporate cycle.
The Group's pipeline and activity levels remain
strong, and as such the Board is confident that the Group will
deliver results for the year ending 30 April 2025 ("FY 2025") ahead
of current market expectations1.
The Company expects to announce a full year
trading update for FY 2025 trading update in mid-May
2025.
Q3
Dividend
The Group has a strong balance sheet and in
line with the Company's quarterly dividend policy, the Board is
pleased to declare an interim dividend of 0.95p per eligible
ordinary share for the third quarter ended 31 January 2025 (Q3
2024: 0.9p).
The dividend will be paid on 13 June 2025 to
shareholders on the register on 16 May 2025, with the ex-dividend
date being 15 May 2025.
The information contained within this
announcement is deemed by the Group to constitute inside
information under the Market Abuse Regulation No.
596/2014.
Enquiries:
FRP Advisory
Group plc
Geoff Rowley, CEO
Jeremy French, COO
Gavin Jones, CFO
Enquiries via MHP
Cavendish
Capital Markets Limited (Nominated Adviser and Joint
Broker)
Katy Birkin / Stephen Keys / George Lawson
(Corporate Finance)
Tel: +44 (0) 207 220 0500
Berenberg
(Joint Broker)
Toby Flaux / James Thompson / Smruthya
Ganeshram
+44 (0)20 3207 7800
MHP (Financial
Public Relations)
Oliver Hughes
Eleni Menikou
Lexi Iles
Tel: +44 (0) 7701 308 818
FRP@mhpgroup.com
Notes to
Editors:
FRP is a leading national specialist business
advisory firm established in 2010. It offers a range of advisory
services to companies, lenders, investors and other stakeholders,
as well as individuals. These services include:
·
Restructuring advisory: corporate
financial advisory, formal insolvency appointments, informal
restructuring advisory, personal insolvency and general advice to
all stakeholders.
· Corporate
finance: mergers & acquisitions (M&A), strategic advisory
and valuations, financial due diligence, capital raising, special
situations M&A and partial exits.
·
Debt advisory: raising and refinancing
debt, debt amendments and extensions, restructuring debt, asset
based lending and corporate and leveraged debt advisory.
· Forensic services:
forensic investigations, compliance and risk advisory, dispute
services and forensic technology.
·
Financial advisory: transaction services
including financial due diligence, lender services, financial
modelling, valuations, pensions and company-side advisory
services.
