Since Epwin reintroduced guidance back into the market in September 2020 demand has consistently exceeded expectations. This has continued in H1 FY21 with today’s statement indicating that profit before tax for the current will be materially ahead of current expectations. The strength of trading in the first seven months of the year lead to an 11% upgrade in revenue and a 17% increase in profitability to £12.9m (prev. £11.0m). Raw material and cost input pressures lead to more conservative incre ....
28 Jul 2021
Epwin Group (EPWN LN) - Further strong upgrades as demand more than offsets cost input pressures
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Epwin Group (EPWN LN) - Further strong upgrades as demand more than offsets cost input pressures
Epwin Group PLC (EPWN:LON) | 76.0 -0.8 (-1.3%) | Mkt Cap: 108.6m
- Published:
28 Jul 2021 -
Author:
Andy Hanson | Rachel Birkett, CFA -
Pages:
7
Since Epwin reintroduced guidance back into the market in September 2020 demand has consistently exceeded expectations. This has continued in H1 FY21 with today’s statement indicating that profit before tax for the current will be materially ahead of current expectations. The strength of trading in the first seven months of the year lead to an 11% upgrade in revenue and a 17% increase in profitability to £12.9m (prev. £11.0m). Raw material and cost input pressures lead to more conservative incre ....