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PHSC

  • BY: Andrew Hore |
  • POSTED: 03/02/2014 |

Health, safety and environmental services provider PHSC is on course for full year EBITDA of up to 750,000. 

In the nine months to December 2013, revenues improved from 3.86m to 5.72m, while EBITDA was 31% ahead at 475,000. The growth comes from recent acquisitions B to B Links and QCS International, the final payments for which are due in July and September. EBITDA is higher than for the 12 months to March 2013.

PHSC is considering paying a final dividend.

At 31p a share, PHSC is valued at 3.93m. Net assets were 6.28m at the end of 2013, although the majority of that figure is goodwill on past acquisitions. .

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFJanuary2014_52.pdf

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