Since the easing of lockdown restrictions, Epwin has seen stronger demand than had been expected. As a result, ZC reintroduces forecasts for FY20 and FY21 based on guidance provided by the Company. This includes a small dividend estimate of 1.0p for FY20 increasing to 2.2p in FY21, it is assumed the 50% pay-out ratio target is reintroduced. Despite seeing an almost 100% closure of the business, and therefore revenue, over an eight-week period, Epwin has not needed to raise additional equity or a ....
10 Sep 2020
Epwin Group (EPWN LN) - Strong trading post lockdown and reintroduction of forecasts
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Epwin Group (EPWN LN) - Strong trading post lockdown and reintroduction of forecasts
Epwin Group PLC (EPWN:LON) | 85.5 -0.4 (-0.6%) | Mkt Cap: 121.9m
- Published:
10 Sep 2020 -
Author:
Andy Hanson -
Pages:
9
Since the easing of lockdown restrictions, Epwin has seen stronger demand than had been expected. As a result, ZC reintroduces forecasts for FY20 and FY21 based on guidance provided by the Company. This includes a small dividend estimate of 1.0p for FY20 increasing to 2.2p in FY21, it is assumed the 50% pay-out ratio target is reintroduced. Despite seeing an almost 100% closure of the business, and therefore revenue, over an eight-week period, Epwin has not needed to raise additional equity or a ....