Strong YoY growth in revenue continues. The company achieved H12020 revenues of US$65.1 million up 18.8% and 8.5% YoY and HoH respectively. The company’s successful push into West Africa continues to be the principle driver of this growth alongside better contracts generally. On a quarterly basis they were essentially flat QoQ – see below- as were the operating metrics in general. They were slightly lower than our forecasts, but it should be noted that we had not altered our assum
15 Jul 2020
Q2/H1 2020 Trading Update
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Q2/H1 2020 Trading Update
Capital Limited (CAPD:LON) | 94.1 0 0.0% | Mkt Cap: 184.7m
- Published:
15 Jul 2020 -
Author:
David Butler -
Pages:
4
Strong YoY growth in revenue continues. The company achieved H12020 revenues of US$65.1 million up 18.8% and 8.5% YoY and HoH respectively. The company’s successful push into West Africa continues to be the principle driver of this growth alongside better contracts generally. On a quarterly basis they were essentially flat QoQ – see below- as were the operating metrics in general. They were slightly lower than our forecasts, but it should be noted that we had not altered our assum