Indus has released its FY19 results, which are mildly ahead (~4%) of our forecasts at the EBITDA level, showing strong operational cash flows and good progress on the key pipeline. We make a number of changes to our forecasts (outlined on pg. 2) and reiterate our Buy recommendation.
27 Sep 2019
FY 2019 results
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FY 2019 results
Indus Gas Limited (INDI:LON) | 49.2 0 0.0% | Mkt Cap: 90.1m
- Published:
27 Sep 2019 -
Author:
Kunal Walia -
Pages:
3
Indus has released its FY19 results, which are mildly ahead (~4%) of our forecasts at the EBITDA level, showing strong operational cash flows and good progress on the key pipeline. We make a number of changes to our forecasts (outlined on pg. 2) and reiterate our Buy recommendation.