Having issued a pre-close update in February, these prelims were well trailed. While accelerated licensing income flattered profits during the period, the number and scale of new agreements bodes well for future cash profits, as the size of the receivables asset clearly signals. With strategic growth continuing at pace in the US, green shoots in other markets, and actions taken to improve operational efficiency, SDG is confident it can navigate further end market uncertainties, and forecasts are ....
24 Apr 2024
In line results. Well placed for bounce in better TAMs
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In line results. Well placed for bounce in better TAMs
Sanderson Design Group PLC (SDG:LON) | 108 -1.6 (-1.4%) | Mkt Cap: 77.1m
- Published:
24 Apr 2024 -
Author:
Matthew McEachran -
Pages:
3
Having issued a pre-close update in February, these prelims were well trailed. While accelerated licensing income flattered profits during the period, the number and scale of new agreements bodes well for future cash profits, as the size of the receivables asset clearly signals. With strategic growth continuing at pace in the US, green shoots in other markets, and actions taken to improve operational efficiency, SDG is confident it can navigate further end market uncertainties, and forecasts are ....