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Empresaria - pretty dam good results, we are almost 100% ahead on share tip - more to come

Tom Winnifrith
Sunday 8 March 2015

International specialist staffing group, Empresaria (EMR) has announced results for the 2014 calendar year and that “we see exciting opportunities for growth across our network, particularly from the investments made in 2014, and look forward to the year ahead with confidence”. We are heading for 100% up on this share tip but there’s more to come.

The results show an adjusted pre-tax profit of £6.1 million on net fee income 5% higher than in 2013, at £44.6 million (+11% in constant currency, revenue +2% in constant currency), generating earnings per share of 8.3p, up from 6.5p. With net debt reducing by £5.4 million to £9.8 million, a doubled dividend of 0.70p per share is proposed to be paid on 12th June to shareholders on the register on 22nd May.

The overall performance

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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