Getech has seen increased demand during H1A as energy prices recovered. Revenue in H1A increased 16% YoY and the order book has replenished to a comparable level of last year. The investment programme is on track and current trading is consistent with our forecasts. 2021E will be a transformational year for Getech, and with the stock trading below the recent Placing price, we are Buyers.
30 Sep 2021
Cenkos: Getech Group Plc -- On track
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Cenkos: Getech Group Plc -- On track
GETECH Group plc (GTC:LON) | 9.0 0 0.0% | Mkt Cap: 6.07m
- Published:
30 Sep 2021 -
Author:
James McCormack | Cavendish Research -
Pages:
6
Getech has seen increased demand during H1A as energy prices recovered. Revenue in H1A increased 16% YoY and the order book has replenished to a comparable level of last year. The investment programme is on track and current trading is consistent with our forecasts. 2021E will be a transformational year for Getech, and with the stock trading below the recent Placing price, we are Buyers.