Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on GLOBAL ECOPOWER-REGR. We currently have 3 research reports from 1 professional analysts.
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New business plan provides clarity on the international front; confirmation of 2017 objectives
24 May 16
Global EcoPower (GEP) has released a new strategic plan, focusing on a greater international footprint backed by a new organisational structure in order to achieve substantial international growth while simultaneously improving margins. These measures should provide more clarity on how the company will be able to achieve the 2017 financial objectives. Based on the new proposed organisational structure and boosted by the recent acquisitions, strategic partnerships and the development of new international projects (in addition to the ones currently under development), GEP is able to confirm is ambitious targets of €120m in revenues and €32m EBITDA by 2017. Moreover, GEP’s management has expressed its willingness to transfer its stock trading to the Euronext exchange once the 2017 objectives have been attained.
Preliminary publication reaffirms positive top-line trend; guidance confirmed
01 Mar 16
The revenue of the group reached €25.57m, a substantial improvement on a yoy basis (+61%), which confirms the positive strategy followed by the group, as 52% of this comes from organic growth. The group fully consolidated Sénergies from 1 November 2015 as the acquisition was achieved in late October, with €1.35m in revenues for only two months. Moreover, in 2015, the group has finally entered the solar business, following the same approach used for wind projects: to develop for third-party investors the construction of photovoltaic parks, which are then transferred for exploitation once commissioned. In terms of guidance, the company expects 2016 to show similar growth to that in 2015, i.e. to reach at least €40m in revenues, while, for 2017, the company maintains the €120m revenue objective.
The positive trend continues, reinforcing the top-line results
23 Sep 15
The revenue of the group reached €17.08m, a substantial improvement on a yoy basis (582%), which confirms the positive strategy followed by the group. The EBITDA follows the same path, with a 417% yoy increase to €926k (although the margins decreased from 7.1% to 5.4%). The net consolidated result of the group improved by 29% yoy to €599k. The group confirms its 2017 objectives: revenues of €120m and an €32m of EBITDA driven mainly by the improvement of its business model and the different development projects the group is currently involved.
07 Dec 16
Severfield’s (SFR’s) H117 results were well ahead of the previous year; margin performance and order book development cause us to raise our FY17 profit expectations. This combination has also proved to be a catalyst for share price outperformance following the results. Revenue growth and further margin development towards management’s stated aim of doubling FY16 PBT by 2020 can sustain further progress.
Exceptional trading continues
08 Nov 16
Keywords has announced that the strong trading in localisation and audio services has continued into H216. In particular, the Synthesis business acquired in April continues to benefit from exceptionally strong trading. Full-year results are now expected to be materially ahead of consensus and we upgrade our FY16e EPS by 13%. Erring on the side of caution, we have not changed our FY17 estimates significantly. Nevertheless, we believe the company does have a platform to sustain double-digit earnings growth, and hence medium-/long-term prospects for further share appreciation remain good.
Panmure Morning Note 02-12-16
02 Dec 16
Today James Halstead will be holding its 101st AGM. Trading during the first part of FY17 has been mixed, with some notable challenges. However, movements in FX (i.e. weak sterling) is boosting reported earnings, offsetting UK volume trends and pricing pressures. Whilst earnings are likely to be second half weighted, the picture is in-line with expectations and we are leaving our FY17 PBT estimates unchanged (£47.4m in FY17 vs £45.4m FY16).
06 Dec 16
600 Group* (SIXH): Interim results: order book showing signs of improvement (CORP) | Real Good Food* (RGD): Commodity volatility impacts numbers (CORP) | Minds + Machines* (MMX): .vip goes live in China (CORP | Imaginatik* (IMTK): Interims (CORP) | iomart* (IOM): Quality business as usual (CORP) | Fulcrum (FCRM): Upgrades continue (BUY)
02 Dec 16
On 30 September 2016, when the company announced its full year results, it reported that the UK business had seen a slow start to the year, with particular weakness in repair and renewal spending by the NHS as well as “reticence” in the education sector. However, with the UK only representing about a third of the business, this weakness was expected to be more than offset by the positive effect of a weakened sterling on its overseas business, given the benefits for competitiveness and margins.