Bolton-headquartered professional services group K3 Capital has said its full-year results are now set to be "significantly ahead of revised consensus market expectations".
The listed company announced in a trading update on March 4 that its results for the 12 months to May 21, 2021, were on track to be "significantly ahead" of market forecasts following a strong start to its second half.
In a new update, the business has said that trend has continued, with all business divisions having continued to "perform well, with a particularly strong performance by KBS".
As a result, K3 Capital has said it now anticipates the results for the year to be "significantly ahead of revised consensus market expectations", with revenue set to be in the region of £45m and adjusted EBITDA of no less than £13.25m.
In March, the company said its its adjusted EBITDA would total no less than £12m.
Chief executive John Rigby said: "The group has continued to perform strongly in March and April, surpassing our expectations and resulting in a further earnings upgrade.
"We continue to pursue our strategic goal of building a wider group of growing and complementary professional services businesses and look forward to providing the market with an update on our progress in due course."
In February, the company confirmed that an almost £30m acquisition helped its revenue surge during the first half of its financial year.
