Today’s AGM statement indicates that the strong order intake seen in the early part of the year has continued leading to a 2.6% upgrade in revenue and a 7.7% uplift in PBT. The corresponding uplift in earnings in FY17 and FY18 is 5.1% and 4.9% respectively. Today’s upgrades come just nine weeks after the release of FY15 results that led to estimates increasing by c.3% and c.7% in FY16 and FY17 and the announcement of 6.8p a special dividend. The 24% increase in order intake in the
19 May 2016
Further upgrades driven by a market leading position
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Further upgrades driven by a market leading position
- Published:
19 May 2016 -
Author:
Andy Hanson -
Pages:
6
Today’s AGM statement indicates that the strong order intake seen in the early part of the year has continued leading to a 2.6% upgrade in revenue and a 7.7% uplift in PBT. The corresponding uplift in earnings in FY17 and FY18 is 5.1% and 4.9% respectively. Today’s upgrades come just nine weeks after the release of FY15 results that led to estimates increasing by c.3% and c.7% in FY16 and FY17 and the announcement of 6.8p a special dividend. The 24% increase in order intake in the