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CAP-XX Limited >
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Medium-term outlook remains positive

  • 13 Jun 2019

Medium-term outlook remains positive


CAP-XX Limited (CPX:LON) | 9.8 -0.1 (-7.3%) | Mkt Cap: 44.5m


  • Allenby Capital
    • David Johnson

    • 2 pages

Electronic Products image


 
Electronic Products image


The recent FY19 trading update from CAP-XX, the leading supercapacitor designer and manufacturer, reported that while EBIT and EBITDA are expected to be in line with forecasts, revenue will be light. This shortfall reflects slower than expected conversion of new business opportunities into sales and the lack of new orders from Spire. Management reports that it continues to receive record interest in its expanded range of supercapacitors, remains in active discussions with a small group of pot ....


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Medium-term outlook remains positive


CAP-XX Limited (CPX:LON) | 9.8 -0.1 (-7.3%) | Mkt Cap: 44.5m


  • Published: 13 Jun 2019
  • Author: David Johnson
  • Pages: 2
  • Allenby Capital


The recent FY19 trading update from CAP-XX, the leading supercapacitor designer and manufacturer, reported that while EBIT and EBITDA are expected to be in line with forecasts, revenue will be light. This shortfall reflects slower than expected conversion of new business opportunities into sales and the lack of new orders from Spire. Management reports that it continues to receive record interest in its expanded range of supercapacitors, remains in active discussions with a small group of pot ....



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