Sanderson has delivered interim numbers in line with the 30 April update. Group revenue increased 34% to £14.6m, driven by 20% growth in Digital Retail, a slower than anticipated start from Enterprise and an in-line first time contribution from Anisa. The outlook statement retains a note of caution, but a healthy level of recurring revenue, a good order book and a growing list of sales prospects underpins a good level of confidence in the full year. Reflecting this, we increase our FY 2018 reven ....
23 May 2018
Solid H1 highlights reassuring consistency
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Solid H1 highlights reassuring consistency
Sondrel (Holdings) Ltd. (SND:LON) | 3.8 0 13.4% | Mkt Cap: 3.32m
- Published:
23 May 2018 -
Author:
N+1 Singer Team -
Pages:
3
Sanderson has delivered interim numbers in line with the 30 April update. Group revenue increased 34% to £14.6m, driven by 20% growth in Digital Retail, a slower than anticipated start from Enterprise and an in-line first time contribution from Anisa. The outlook statement retains a note of caution, but a healthy level of recurring revenue, a good order book and a growing list of sales prospects underpins a good level of confidence in the full year. Reflecting this, we increase our FY 2018 reven ....