Positive updates | Strange share price moves
Results and updates covered here suggest all is well for these fast-growing AIM companies, with several reporting full year results ahead of previous expectations.
Midwich: ahead, but….
Midwich Group (AIM: MIDW), the specialist audio visual distributor to the trade market, updated on trading for the year ended 31 December 2022.
Revenue for 2022 is now anticipated to £1.2 billion, up 40% over the prior year with organic growth of over 20%. The gross margin was broadly in line with 2021 levels.
As a result of the strong performance, the Board now anticipates reporting adjusted profit before tax…
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