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Company-compiled consensus market expectations for revenue and underlying* profit before tax, on a mean basis, are:

  Date of publication  2022 2023
Panmure Gordon 19/01/2023 660.0 650.0
Peel Hunt  19/01/2023 660.0 679.0
Consensus   660.0 664.5
Underlying* profit before tax      
Panmure Gordon  19/01/2023 37.0 33.5
Peel Hunt  19/01/2023 37.0 33.0
Consensus   37.0 33.3



This information was last updated on 19 January 2023

*Underlying is before non-underlying items, which comprises: i) amortisation of acquired intangible assets; ii) impairment of intangibles, fixed assets and right of use assets; iii) property disposal profit; iv) business restructuring costs; v) fire-related impairment of property, plant and equipment and inventory and related insurance recovery.


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 an therefore may or may not represent the market consensus. This average estimate is not endorsed by Headlam Group plc. Headlam Group plc does not assume any obligation to update or revise it after the date above.