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Gamma set to beat consensus

The communications group expects to beat consensus for adjusted cash profits and EPS for the full year
Gamma set to beat consensus

Gamma Communications (GAMA) expects adjusted cash profits to be ahead of the consensus forecast of £71.8m in 2020, as trading held steady in the past six months. The group, which has recurring revenue running at 93 per cent, said that cancellations of existing contracts were at normal, minimal levels and that it has not seen an increase in bad debt despite the impact of coronavirus. 

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