OPG has released its FY17A final results. Revenue was +60% to £205m, EPS +59% to 8.4p driven by Gujarat’s contribution, tax credit and the adding back of minority interest loss at Gujarat. FX translation effects were the main driver to changes in assets and net debt. Management declares a maiden final dividend, with the full-year dividend of 0.98p, ahead of our expectations of 0.94p. OPG has a nine year track record of revenue growth, and we continue to believe OPG offers value to long-term inve ....
29 Sep 2017
2017 Final Results
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2017 Final Results
OPG Power Ventures Plc (OPG:LON) | 10.6 0 0.0% | Mkt Cap: 42.6m
- Published:
29 Sep 2017 -
Author:
Cavendish Research -
Pages:
5
OPG has released its FY17A final results. Revenue was +60% to £205m, EPS +59% to 8.4p driven by Gujarat’s contribution, tax credit and the adding back of minority interest loss at Gujarat. FX translation effects were the main driver to changes in assets and net debt. Management declares a maiden final dividend, with the full-year dividend of 0.98p, ahead of our expectations of 0.94p. OPG has a nine year track record of revenue growth, and we continue to believe OPG offers value to long-term inve ....