CEPS plc (GB:CEPS) has released an update.
CEPS plc reports a robust financial outcome for 2023, with revenues up by 12.2% to £29.7m, gross profits increasing by 14.5%, and operating profits rising by 19.9% despite global economic challenges. The company has navigated the effects of the Russia-Ukraine conflict, inflation, interest rate hikes, and market volatility due to Middle East tensions, demonstrating resilience and an optimistic outlook for the declining inflation and interest rates in 2024. CEPS continues to focus on organic growth and strategic acquisitions, as demonstrated by its subsidiaries, which include Aford Awards and the Hickton Group, both showing strong performance and contributing to the overall success of the Group.
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