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PraxisIFM reports rise in gross profit but slight fall in revenue in interim results

News Team, 01/02/2022

PraxisIFM Group has reported its interim results for the six months ending 31 October 2021, with the firm recording a gross profit margin increase of 56.1 percent, compared to 54.4 percent in H1 2021.

In the same period, PraxisIFM reported revenue of £29.5 million, slightly down on the £29.8 million reported in the first half of 2021.

At the same time, the group's earnings before interest, taxes, depreciation, and amortisation (EBITDA) decreased from £5.9 million to £5.1 million....


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