Company-compiled consensus market expectations for 2019 revenue and underlying* profit before tax is £703.6 million and £39.3 million respectively (mean) (prior to any restatement due to new accounting standards) (last updated 9 April 2019)
*Underlying is before non-underlying items which includes intangibles amortisation relating to businesses acquired, acquisition fees, contingent consideration movements, non-recurring pension costs in relation to guaranteed minimum pension (‘GMP’) equalisation and non-recurring costs relating to senior personnel changes.
The above figure is a simple arithmetic average of the most recent forecasts that have been provided to Headlam Group plc by registered investment analysts. As such, the figure does not give greater weight to more recent forecasts or to the forecasts of any individual analyst, nor is it adjusted to exclude forecasts that pre-date a significant announcement or event, and therefore may or may not represent the market consensus. This average estimate is not endorsed by Headlam Group plc nor does Headlam Group plc assume any obligation to update or revise it after the date above.