Restructuring specialist Begbies Traynor is forecasting annual results to surpass expectations following a significant rise in companies becoming insolvent.
Revenues at the AIM-listed group are now set to expand by around 11 per cent to 122million for the year ending April, while adjusted pre-tax profits are predicted to increase by about 16 per cent to 20.7million.
Both core divisions performed well during the year, supported by a mix of organic revenue growth and acquisitions.
Trouble: Corporate insolvencies across England and Wales hit a 13-year high in 2022 as firms struggled with soaring inflation, largely caused by skyrocketing energy prices
Its business recovery and financial advisory segment benefited from the volume of i…
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