Palace expects annual profit to beat expectations

Broad Street Plaza, Halifax

Palace Capital has revealed it expects annual profit to be ahead of expectations for the year to the end of March.

Consensus forecasts from analysts predict the group, which moved from the junior AIM market to the main market of the London Stock Exchange last month, will make a profit before tax of around £8.3m for the year. The Palace’s board is confident of exceeding those expectations.

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