Shearwater delivered adjusted EBITDA ahead of expectations. FY20A was a strong year with the Group delivering maiden profitability and an enhanced margin profile. Cybersecurity and resilience are enduring themes but we are now cautiously presenting a picture of unchanged profitability in FY21E as a measure against the impact of COVID-19.
04 Aug 2020
Cenkos: Shearwater Group Plc -- Cautious on Covid
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Cenkos: Shearwater Group Plc -- Cautious on Covid
Shearwater Group plc (SWG:LON) | 41.0 0 0.0% | Mkt Cap: 9.77m
- Published:
04 Aug 2020 -
Author:
Cavendish Research -
Pages:
5
Shearwater delivered adjusted EBITDA ahead of expectations. FY20A was a strong year with the Group delivering maiden profitability and an enhanced margin profile. Cybersecurity and resilience are enduring themes but we are now cautiously presenting a picture of unchanged profitability in FY21E as a measure against the impact of COVID-19.