Revenue of £293.2m (FY15: £256.0m) was 14.5% ahead yoy and in line with ZC estimate of £298.7m. Adj profit before tax of £24.6m was also in line with estimates and showed c. 26% growth yoy leading to a 31% increase in earnings. The positive performance in FY16 has been driven by the acquisitions of Ecodek (Oct 2015), Stormking (Dec 2015) and National Plastics (June 2016) as well as good organic growth from the Extrusion and Moulding and Distribution parts of the busine
06 Apr 2017
FY16 in line; small cuts to FY17 and FY18
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FY16 in line; small cuts to FY17 and FY18
Epwin Group PLC (EPWN:LON) | 86.5 0.4 0.6% | Mkt Cap: 123.3m
- Published:
06 Apr 2017 -
Author:
Andy Hanson -
Pages:
10
Revenue of £293.2m (FY15: £256.0m) was 14.5% ahead yoy and in line with ZC estimate of £298.7m. Adj profit before tax of £24.6m was also in line with estimates and showed c. 26% growth yoy leading to a 31% increase in earnings. The positive performance in FY16 has been driven by the acquisitions of Ecodek (Oct 2015), Stormking (Dec 2015) and National Plastics (June 2016) as well as good organic growth from the Extrusion and Moulding and Distribution parts of the busine