Capital Limited (LSE: CAPD) this morning provided its H1 2021 trading update. Q2 revenue has beaten Q1 becoming the strongest since the company's inception and exceeding our estimates and other operational metrics. The strength from the drilling side of the business has led to the company upgrading their 2021 revenue guidance to US$200-210 million (up from US$185-195 million).
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H1 Trading Update
Capital Limited (CAPD:LON) | 104 0 0.0% | Mkt Cap: 204.6m
- Published:
15 Jul 2021 -
Author:
David Butler | Matthias O'Toole-Howes -
Pages:
4
Capital Limited (LSE: CAPD) this morning provided its H1 2021 trading update. Q2 revenue has beaten Q1 becoming the strongest since the company's inception and exceeding our estimates and other operational metrics. The strength from the drilling side of the business has led to the company upgrading their 2021 revenue guidance to US$200-210 million (up from US$185-195 million).