For the six months to 30 June 2021 Mpac Group reported a strong recovery in both orders, +69%YoY, and revenue, +20%YoY, as a result of which we have raised our FY21 revenue outlook from £95.0m to £97.5m (+16.4%YoY) and for FY22, from £100.0m to £105.0m. We have also raised our fair value / share estimate from 600p to 660p.
02 Sep 2021
FY21 interim results: a strong rebound
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FY21 interim results: a strong rebound
Mpac Group PLC (MPAC:LON) | 425 0 0.0% | Mkt Cap: 87.0m
- Published:
02 Sep 2021 -
Author:
Hannah Crowe | Mike Jeremy -
Pages:
17
For the six months to 30 June 2021 Mpac Group reported a strong recovery in both orders, +69%YoY, and revenue, +20%YoY, as a result of which we have raised our FY21 revenue outlook from £95.0m to £97.5m (+16.4%YoY) and for FY22, from £100.0m to £105.0m. We have also raised our fair value / share estimate from 600p to 660p.