Going to plan | Near 10% dividend yield | Consumer angst
News here includes our assessment of results from a big dividend payer, which continues to show-up its rivals, despite evident market challenges - a near 10% yield shouldn't be ignored! Elsewhere, an acquisitive software solutions provider could be one to follow, while shares in a wholesale delivery business are subjected to a harsh sell-off. Read on here for our thoughts on this and other news.
AdvancedAdvT: going to plan AdvancedAdvT (AIM: ADVT), the software solutions provider, reported encouraging results although it’s still relatively early in its journey to gauge too much from these numbers. Led by well-regarded technology entrepreneur Vin Murria, ADVT provides software solutions and platforms across two business transformational areas: business solutions & compliance, and human capital management. An initial acquisition and foundation of the current Group was the carve-out of five businesses from Capita on 31 July 2023, to this have been added three subsequent acquisitions. Acquisitions saw revenue from operations more than double to £43.3m (PE24 : £21.1m) with the all-important…