As announced in the pre-close trading update at the end of January (22nd), Strix has confirmed FY18 results in line with profit expectations, cash generation was ahead of forecast leading to a lower than expected net debt position. Revenue of £93.8m was 2.5% below ZC estimate of £96.1m but on a constant currency basis would have shown 4.5% growth to £95.1m. Adj operating profit of £30.9m was in line with the £30.8 forecast as were adj. PBT of £29.2m and EPS
21 Mar 2019
FY18 results highlight good performance
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FY18 results highlight good performance
Strix Group PLC (KETL:LON) | 67.6 0.4 0.9% | Mkt Cap: 147.9m
- Published:
21 Mar 2019 -
Author:
Andy Hanson -
Pages:
11
As announced in the pre-close trading update at the end of January (22nd), Strix has confirmed FY18 results in line with profit expectations, cash generation was ahead of forecast leading to a lower than expected net debt position. Revenue of £93.8m was 2.5% below ZC estimate of £96.1m but on a constant currency basis would have shown 4.5% growth to £95.1m. Adj operating profit of £30.9m was in line with the £30.8 forecast as were adj. PBT of £29.2m and EPS