Epwin has confirmed that FY21 finished strongly with revenue materially ahead and profitability marginally ahead of consensus expectations of £12.8m. ZC estimates for PBT increase to £13.2m (prev. £12.9m) and expect the previous consensus of £12.8m to increase by c. 5%. Revenue expectations of £312.1m were materially below the c. £330m that Epwin will report. We change FY21 expectations to reflect today’s trading statement and update revenue assumptions for FY22 and FY23. However, it should be s ....
20 Jan 2022
Epwin Group (EPWN LN) - Sustained momentum into the year end bodes well for FY22
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Epwin Group (EPWN LN) - Sustained momentum into the year end bodes well for FY22
Epwin Group PLC (EPWN:LON) | 87.0 0.4 0.6% | Mkt Cap: 123.9m
- Published:
20 Jan 2022 -
Author:
Andy Hanson | Rachel Birkett, CFA -
Pages:
7
Epwin has confirmed that FY21 finished strongly with revenue materially ahead and profitability marginally ahead of consensus expectations of £12.8m. ZC estimates for PBT increase to £13.2m (prev. £12.9m) and expect the previous consensus of £12.8m to increase by c. 5%. Revenue expectations of £312.1m were materially below the c. £330m that Epwin will report. We change FY21 expectations to reflect today’s trading statement and update revenue assumptions for FY22 and FY23. However, it should be s ....