As the YE update revealed, 2018 revenue growth slowed to 5% due to the cutting of low-margin Monitor lines in H1 and some market softening in H2. However, strong growth continues in Platforms, and together with an impressive H2 recovery in Monitors, it fuelled a record half and drove the group forward in 2018. Densitron remains relatively flat. Overall group margins held up well but with slower top line progress the 2018 Adj. PBT growth was just 3%. However an unusually low tax rate saw dispr
26 Mar 2019
Quixant - A record half and year despite market softening
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Quixant - A record half and year despite market softening
Nexteq PLC (NXQ:LON) | 152 3.8 1.7% | Mkt Cap: 101.5m
- Published:
26 Mar 2019 -
Author:
Cavendish Research -
Pages:
13
As the YE update revealed, 2018 revenue growth slowed to 5% due to the cutting of low-margin Monitor lines in H1 and some market softening in H2. However, strong growth continues in Platforms, and together with an impressive H2 recovery in Monitors, it fuelled a record half and drove the group forward in 2018. Densitron remains relatively flat. Overall group margins held up well but with slower top line progress the 2018 Adj. PBT growth was just 3%. However an unusually low tax rate saw dispr