Belvoir Group PLC's (LON:BLV) Dorian Gonsalves talks to Proactive London following the latest trading update covering the first ten months of the financial year, which has even topped its pre-coronavirus (COVID-19) expectations.
He says the good result is largely due to recurring revenues, which has meant all staff will have salary sacrifices reimbursed, while furlough money will be repaid and the missed 2019 dividend will be reinstated.
Thrilled with this resilient performance, Gonsalves says to achieve results ahead of expectations was "absolutely phenomenal" considering the unprecedented market backdrop.