LONDON (dpa-AFX) - RPS Group plc (RPS.L) reported first quarter fee revenue of 117.5 million pounds, lower by 8% (at constant currency) against prior year. The Group noted that the improving trajectory in fee revenue shows a continuing sequential recovery at constant currency from the peak of the pandemic. Net bank borrowings at 2 April 2021 was 31.3 million pounds.
The Group expects the improving trajectory in fee revenue will continue into second quarter and projects margins to improve on the prior year.
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