Capital Limited has released its Q4 and FY2020 trading statement this morning. Overall it shows 2020 was a strong year for the company with revenue growing 18% and most other operating metrics growing positively with it – see Fig 1. We have adjusted our forecasts accordingly and also to take into account the mining services contract for the Sukari Mine which the company won late last year. The latter is a game changer for Capital and its investment case in our view; turbo charging revenue growth ....
14 Jan 2021
Target Price Increased – 127p
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Target Price Increased – 127p
Capital Limited (CAPD:LON) | 95.1 0.2 0.2% | Mkt Cap: 186.6m
- Published:
14 Jan 2021 -
Author:
David Butler | Charlie Bendon | Matthias O'Toole-Howes | Mitch Limb -
Pages:
7
Capital Limited has released its Q4 and FY2020 trading statement this morning. Overall it shows 2020 was a strong year for the company with revenue growing 18% and most other operating metrics growing positively with it – see Fig 1. We have adjusted our forecasts accordingly and also to take into account the mining services contract for the Sukari Mine which the company won late last year. The latter is a game changer for Capital and its investment case in our view; turbo charging revenue growth ....