midwich group plc said wednesday that it expects fullyear adjusted pretax profit to be materially ahead of its previous expectations despite continuing product shortages the distributor of audiovisual technology to the trade market said it forecasts 2021 adjusted pretax profitwhich strips out exceptional and other oneoff itemswill be no less than 30 million pounds 397 million an estimate on factset based on three analysts forecasts projects fullyear adjusted pretax profit at gbp270 million midwich posted an adjusted pretax profit of gbp142 million for 2020 the company said it has been performing stronger than expected since its interim results in september with the europe middle east and africa region and uk and ireland performing particularly well