The group’s brief year-end trading update was encouraging, with trading for the year slightly ahead of expectations. The order book overall is slightly ahead on constant currency. Cash collection appears to have been better in H2 than expected. In the current year, we look for some operational drop through from higher revenue in A&D, Lifesciences and Telecoms, plus some operational streamlining gains. No change to FY20 PBT forecasts and we reintroduce FY21 forecasts, with a price ta
06 Oct 2020
Gooch & Housego - Year-end update slightly ahead
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Gooch & Housego - Year-end update slightly ahead
Gooch & Housego PLC (GHH:LON) | 523 0 0.0% | Mkt Cap: 134.9m
- Published:
06 Oct 2020 -
Author:
David Buxton -
Pages:
3
The group’s brief year-end trading update was encouraging, with trading for the year slightly ahead of expectations. The order book overall is slightly ahead on constant currency. Cash collection appears to have been better in H2 than expected. In the current year, we look for some operational drop through from higher revenue in A&D, Lifesciences and Telecoms, plus some operational streamlining gains. No change to FY20 PBT forecasts and we reintroduce FY21 forecasts, with a price ta