Report
Oliver Juggins

Ince Group - Quick Take - FY21 Trading Update

Ince has released a trading update covering its financial year ending 31st March 2021. Revenue was slightly ahead YoY at £97m (FY20: £96.4m net of discontinued operations) and net debt was broadly flat at £7.1m (FY20: £6.9m). As a result of its new debt facilities, Ince has cash and headroom totalling £10.8m (FY20: £5.3m) with which to pursue its growth strategy. A dividend payment is under review and the outcome of this, as well as future policy, will be announced with the full year results.
Underlying
Ince Group

Work Group is a Rule 15 Investing Company (cash shell).

Provider
Capital Access Group
Capital Access Group

Capital Access Group advises companies on effective engagement with investors. Our experienced team offers market-leading access with hard-to-reach investors, including smaller institutions, pension funds and private client fund managers. These under-serviced investors are located not only in London but across the regions of the UK and Europe. We have an unrivalled knowledge of this extensive audience, to whom our published research is distributed, as well as to larger institutions. We offer this service as part of an integrated investor communications strategy to promote a company’s investment story.

Our clients, ranging from AIM to FTSE 100 companies, benefit from our professional, long-term relationships with investors. Not only do we identify and target investors, we contact them directly and relay their views back to clients with analysis, interpretation and advice. This ensures that our clients are in control of their investor engagement. The objective is to improve the reach and engagement with investors, which in turn strengthens the share price.

Analysts
Oliver Juggins

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