The half year pre-close trading update six weeks ago led to a c. 20% increase in ZC FY21 profit expectations. Today’s interim results confirm that trading has remained strong and is on course to meet consensus FY21 expectations. Revenue is 13% ahead of FY19 with both divisions recovering strongly. Margin has come under pressure due to raw material cost input pressures and is down 70bps on the 6.7% achieved in H1 ’19. With supply chains remaining under pressure, it’s unlikely that we will see any ....
15 Sep 2021
Epwin Group (EPWN LN) - Post recent upgrades trading remains good and the outlook positive
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Epwin Group (EPWN LN) - Post recent upgrades trading remains good and the outlook positive
Epwin Group PLC (EPWN:LON) | 87.0 0.4 0.6% | Mkt Cap: 123.9m
- Published:
15 Sep 2021 -
Author:
Andy Hanson -
Pages:
10
The half year pre-close trading update six weeks ago led to a c. 20% increase in ZC FY21 profit expectations. Today’s interim results confirm that trading has remained strong and is on course to meet consensus FY21 expectations. Revenue is 13% ahead of FY19 with both divisions recovering strongly. Margin has come under pressure due to raw material cost input pressures and is down 70bps on the 6.7% achieved in H1 ’19. With supply chains remaining under pressure, it’s unlikely that we will see any ....