Anexo Group plc (AIM: ANX), the specialist integrated credit hire and legal services provider, is pleased to provide the following Trading Update ahead of its Annual General Meeting, to be held at 12 noon today.
The Board is pleased to announce that overall trading within the Group remains strong and, as a result, it anticipates that profit before tax for the year ending 31 December 2019 will be ahead of current market expectations of £18.1 million. A further update will be provided when the Group reports its interim results in September 2019.
Integration of the new regional office for Bond Turner, the Group’s legal services division, which is located in Bolton and which became operational on 3 December 2018, has progressed at a faster rate than originally expected. The Group continues to actively recruit new staff to its team of solicitors and other litigation specialists allowing the Group to process an increasing volume of cases