AIM-quoted FIH Group (LON: FIH) had a strong second half and profit will be better than expected in the year to March 2023. WH Ireland has raised its pre-tax profit forecast by 15% to £2.8m
Art and museums logistics services provider Momart continues to trade well thanks to more exhibitions. Momart has a purpose-built facility estimated to be worth more than £20m.
Gosport ferry owner Portsmouth Harbour Company benefited from price increase and a recovery in passenger numbers. Even so, they are still four-fifths of pre-Covid level.
Falkland Island Company recovered some of the fall in profit in the first half and contributed a similar amount to the previous year. The Falkland Islands tourist board forecasts 60,000 cruise passengers in the year to June 2022, compared with 3,155 the previous year.
Net debt is down to £500,000. The share price rose 6.83% to 266p, which is 15 times estimated 2022-23 earnings. This year’s forecast has not been changed and a pre-tax profit estimate of £3.4m.
