Velocity Composites has reported results for the financial year ended 31 October 2022, in line with the trading update of 20 December 2022. We make no changes to our forecasts. The statement provides further commentary on the $100m Work Package Agreement with GKN Aerospace USA that was signed last month. In this report we provide additional analysis of this breakthrough into the US market, and in particular we examine the potential for further expansion of Velocity's US presence. We maintain a B ....
24 Jan 2023
Cenkos: Velocity Composites Plc -- Full-year results and growth outlook
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Cenkos: Velocity Composites Plc -- Full-year results and growth outlook
Velocity Composites Plc (VEL:LON) | 29.5 0 0.0% | Mkt Cap: 15.8m
- Published:
24 Jan 2023 -
Author:
Edward Stacey -
Pages:
10
Velocity Composites has reported results for the financial year ended 31 October 2022, in line with the trading update of 20 December 2022. We make no changes to our forecasts. The statement provides further commentary on the $100m Work Package Agreement with GKN Aerospace USA that was signed last month. In this report we provide additional analysis of this breakthrough into the US market, and in particular we examine the potential for further expansion of Velocity's US presence. We maintain a B ....