Begbies Traynor boosted as it finishes year well

AIM-listed consultancy firm Begbies Traynor (LON:BEG) has seen its share price climb by 13.08% to 67.85p (as of 13:10 BST) after it said that a strong final quarter meant that results for the  year ended 30th April would be ahead of market expectations. Management said that both of the company’s operating divisions had performed well and the company had realised a number of pending fees.

Executive Chairman Ric Traynor commented: “We have had a successful end to our financial year with our results anticipated to be comfortably ahead of market expectations. We enter the new financial year with a strong order book and favourable market conditions, and are well placed to continue our track record of earnings growth“.