OPG Power Ventures has strengthened its liquidity position through an additional £5.7m, received from a customer in respect of historical claims and an extended capex period. The Group was not as affected by the recent lockdown in comparison to the first. Despite the disruption caused by COVID-19, OPG Power Ventures performed well in FY21E and the Group is expected to meet market expectations for FY21E profit after tax and cash generation. Trading on a FY22E Adj EV/EBITDA of 3.5x, we see an exce ....
28 Jun 2021
Cenkos: OPG Power Ventures Plc -- Improved liquidity position
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Cenkos: OPG Power Ventures Plc -- Improved liquidity position
OPG Power Ventures Plc (OPG:LON) | 10.6 0 0.0% | Mkt Cap: 42.6m
- Published:
28 Jun 2021 -
Author:
Cavendish Research -
Pages:
7
OPG Power Ventures has strengthened its liquidity position through an additional £5.7m, received from a customer in respect of historical claims and an extended capex period. The Group was not as affected by the recent lockdown in comparison to the first. Despite the disruption caused by COVID-19, OPG Power Ventures performed well in FY21E and the Group is expected to meet market expectations for FY21E profit after tax and cash generation. Trading on a FY22E Adj EV/EBITDA of 3.5x, we see an exce ....