Today’s trading update tempers revenue growth expectations for FY22 and FY23, reflecting the impact of supply chain disruption and wider macro/ geopolitical factors. Current year revenue is now expected to be no less than €10m (+16% YoY but below our previous €12.7m forecast) following delays to c.€2m of orders. We reduce FY23 forecasts as well (to €13m from €18m previously), which we consider to be a prudent approach. Directa continues to win meaningful contracts with new and existing customers ....
02 Dec 2022
Revenue growth tempered by supply chain disruption
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Revenue growth tempered by supply chain disruption
Directa Plus Plc (DCTA:LON) | 19.2 0.1 3.8% | Mkt Cap: 12.7m
- Published:
02 Dec 2022 -
Author:
James Tetley -
Pages:
4
Today’s trading update tempers revenue growth expectations for FY22 and FY23, reflecting the impact of supply chain disruption and wider macro/ geopolitical factors. Current year revenue is now expected to be no less than €10m (+16% YoY but below our previous €12.7m forecast) following delays to c.€2m of orders. We reduce FY23 forecasts as well (to €13m from €18m previously), which we consider to be a prudent approach. Directa continues to win meaningful contracts with new and existing customers ....