GYG’s year end update confirms a solid performance in FY20 despite the challenges of the COVID pandemic. Revenue and EBITDA will be marginally behind previous expectations following some project slippage in Q4, but the first quarter has started very strongly and GYG entered the new year with a record order book, supporting FY21 expectations. In our view, near and medium term growth prospects are very attractive, reflecting positive market fundamentals and GYG’s ongoing focus on innovation and in ....
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Solid performance in FY20, strong start to FY21
- Published:
02 Feb 2021 -
Author:
James Tetley -
Pages:
3
GYG’s year end update confirms a solid performance in FY20 despite the challenges of the COVID pandemic. Revenue and EBITDA will be marginally behind previous expectations following some project slippage in Q4, but the first quarter has started very strongly and GYG entered the new year with a record order book, supporting FY21 expectations. In our view, near and medium term growth prospects are very attractive, reflecting positive market fundamentals and GYG’s ongoing focus on innovation and in ....