Epwin’s FY18 trading update states that revenue and underlying operating profit are within the range of market expectations, as is net debt. Despite revisions to expectations, forecasts remained heavily H2 weighted in anticipation of a positive impact from price increases and operational efficiencies. That these have come through, albeit in a more limited way than we had expected, is a positive. The operational efficiencies made over the last 18 to 24 months, and those continuing to be
31 Jan 2019
Trading update: FY 18 within the range of consensus expectations
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Trading update: FY 18 within the range of consensus expectations
Epwin Group PLC (EPWN:LON) | 86.0 0 0.0% | Mkt Cap: 122.6m
- Published:
31 Jan 2019 -
Author:
Andy Hanson -
Pages:
6
Epwin’s FY18 trading update states that revenue and underlying operating profit are within the range of market expectations, as is net debt. Despite revisions to expectations, forecasts remained heavily H2 weighted in anticipation of a positive impact from price increases and operational efficiencies. That these have come through, albeit in a more limited way than we had expected, is a positive. The operational efficiencies made over the last 18 to 24 months, and those continuing to be