Good Energy, the independent supplier and generator of renewable energy, has announced FY16 results showing revenue up 41% to £90.4m with PBT of £1.4m, slightly ahead of our £1.3m expectation. Our headline estimates remain unchanged although EPS for FY17 is marginally lower reflecting an increase in shares in issue. We anticipate further progress as the group leverages the benefits from improved systems and economies of scale as well as from various ongoing efficiency initia
21 Mar 2017
Solid progress across a wide range of fronts
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Solid progress across a wide range of fronts
Good Energy Group PLC (GOOD:LON) | 259 0 0.0% | Mkt Cap: 47.2m
- Published:
21 Mar 2017 -
Author:
Ian Berry -
Pages:
5
Good Energy, the independent supplier and generator of renewable energy, has announced FY16 results showing revenue up 41% to £90.4m with PBT of £1.4m, slightly ahead of our £1.3m expectation. Our headline estimates remain unchanged although EPS for FY17 is marginally lower reflecting an increase in shares in issue. We anticipate further progress as the group leverages the benefits from improved systems and economies of scale as well as from various ongoing efficiency initia