25 Jan 2023
Symphony Environmental (SYM LN) - Growing pipeline but rapid product roll-out has its challenges
Symphony has made excellent progress with operations, product development and customer sign-ups in the past 12 months. But the trading update in December highlighted the difficulty in judging the phasing of revenue and profitability against the backdrop of global supply chain disruption and rapid ramp-up in supply of products to customers. The outlook for SYM is positive in our view but we suspend our estimates and valuation until we have better visibility on the timing of revenue generation and ....
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Symphony Environmental (SYM LN) - Growing pipeline but rapid product roll-out has its challenges
Symphony Environmental Technologies plc (SYM:LON) | 3.5 0 0.0% | Mkt Cap: 7.15m
- Published:
25 Jan 2023 -
Author:
Robin Byde -
Pages:
4
Symphony has made excellent progress with operations, product development and customer sign-ups in the past 12 months. But the trading update in December highlighted the difficulty in judging the phasing of revenue and profitability against the backdrop of global supply chain disruption and rapid ramp-up in supply of products to customers. The outlook for SYM is positive in our view but we suspend our estimates and valuation until we have better visibility on the timing of revenue generation and ....