This morning's announcement helps to further underpin our forecasts, which we leave unchanged (FY 2021E Revenue £14.0m, PBT £0.5m, EPS 0.8p, Net cash ex IFRS16 £2.3m, FY 2022E Revenue £15.0m, PBT £0.8m, EPS 1.4p, Net Cash £2.9m). While the last couple of years have been difficult for Petards, and there will no doubt be further challenges ahead, the group should now be positioned well to build out from the current base and is supported by a strong cash position, a reduced cost base and solid orde ....
01 Jul 2021
Petards (PEG) – Contract win
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Petards (PEG) – Contract win
Petards Group plc (PEG:LON) | 6.8 0 0.0% | Mkt Cap: 3.82m
- Published:
01 Jul 2021 -
Author:
John Cummins -
Pages:
4
This morning's announcement helps to further underpin our forecasts, which we leave unchanged (FY 2021E Revenue £14.0m, PBT £0.5m, EPS 0.8p, Net cash ex IFRS16 £2.3m, FY 2022E Revenue £15.0m, PBT £0.8m, EPS 1.4p, Net Cash £2.9m). While the last couple of years have been difficult for Petards, and there will no doubt be further challenges ahead, the group should now be positioned well to build out from the current base and is supported by a strong cash position, a reduced cost base and solid orde ....