Coronavirus impact: 29 June - a contrarian investment for the coronavirus climate

29/06/2020 · Anexo (ANX) · K3 Capital Group PLC (K3C)

AIM AIM Inheritance Tax potential Coronavirus UK

A provider of credit hire and legal services is an interesting contrarian play in the current environment

Anexo: results in line but why the dividend?

Anexo Group (LON: ANX), the specialist integrated credit hire and legal services provider, announced encouraging results for the year ended 31 December 2019.

You can read our earlier Premium Research note on Anexo from the link here.

Revenue rose 39% to £78.5m, pre-tax profit was 57% higher at £22.4m and adjusted earnings per share rose 42% to 17.0 pence.

A final dividend of 0.5p per share brought the full…

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