JTC PLC Reports Strong 2024 Results, Eyes Further Growth in ‘Cosmos’ Era

An update from JTC PLC ( (GB:JTC) ) is now available.

JTC PLC reported strong financial results for 2024, marking the first year of its ‘Cosmos’ era with an 18.6% increase in revenue and a 15.9% rise in new business wins. Despite a decline in reported EBITDA, the underlying EBITDA grew by 18.4%, reflecting the company’s robust organic growth and strategic acquisitions. The company completed six acquisitions, including the significant Citi Trust deal, enhancing its position as a leading independent trust company. JTC aims to double its business size by 2027, maintaining a strong growth outlook with a healthy pipeline of new business and M&A opportunities.

More about JTC PLC

JTC PLC is a publicly listed global professional services business specializing in fund, corporate, and private client services. The company emphasizes a culture of shared ownership among its employees, aligning their interests with stakeholders and focusing on service excellence, long-term relationships, and technological efficiency.

YTD Price Performance: -18.09%

Average Trading Volume: 444,513

Technical Sentiment Signal: Buy

Current Market Cap: £1.43B

For a thorough assessment of JTC stock, go to TipRanks’ Stock Analysis page.