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Published on: July 12, 2022

More good news on trading and progress

MJ Hudson’s FY22 trading update, issued today, reaffirms the strong progress described in the Q3 update in May. The positive trading has continued and management expects to see a final outcome for FY22 ‘modestly ahead of prior guidance’. We make modest upgrades to our FY22 profit estimates. Whilst the May update highlighted the performance in ESG & Sustainability, the Irish Super ManCo and Luxembourg fund services, this is today augmented by strong final quarter performance from PERACS, the performance analytics business, and a strong recovery in the law firm.

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