At first glance tidy result. Normalising out IPO expenses NPBT grew by 20%. Still no debt.
What is a little concerning is EBIT margin dropping from ~18% to 15%, but that may be the cost of new staff onboarding before they are properly utilised.
Overall I think this is a fine result and keen to see where we go this year. I'm in at 27c which I'm okay with
Ann: Half Yearly Report and Accounts, page-2
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