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The Markets
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The Markets
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Wilmington climbs with profit to come in ahead of expectations

Wilmington Group (LSE:WIL)'s shares shot up 16% to 302p after the provider of data, information, education and training to governance, risk and compliance markets said profit for the full year is likely to be ahead of expectations.

Adjusted profit before tax is “likely to be ahead of expectations at £24.3mln, up some 18%”, according to a statement.

Organic revenue growth is expected to be 9% for the year to 30 June 2023.

"Over the last two years, the business has seen a solid growth in its international scale and reach which has resulted in our profits growing in each quarter,” said chief executive Mark Milner.

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