Sales and EBITDA are both expected to be in line with our recently reintroduced forecasts. As the top-line, we’re looking for £57m, ~-8% y/y, but more pertinently, this means a sequential stabilisation (H1/H2) – achieved by; the recommencing of Managed Services project revenue (which saw the bulk of the disruption in H1) and also; a strong presence in the Public Sector – where demand has been resilient. ADT’s profit performance has been similarly robust, with N1S forecasts looking for £10.0m of ....
07 Apr 2021
In line FYMar21 update – ready to bounce back
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In line FYMar21 update – ready to bounce back
- Published:
07 Apr 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
Sales and EBITDA are both expected to be in line with our recently reintroduced forecasts. As the top-line, we’re looking for £57m, ~-8% y/y, but more pertinently, this means a sequential stabilisation (H1/H2) – achieved by; the recommencing of Managed Services project revenue (which saw the bulk of the disruption in H1) and also; a strong presence in the Public Sector – where demand has been resilient. ADT’s profit performance has been similarly robust, with N1S forecasts looking for £10.0m of ....