RBG Holdings FY20A results show revenues in line at £25.6m (vs. N1Se £25.5m, +0.3%) and Adj. EBITDA ahead at £7.5m (vs. N1Se £7.1m, +5.2%). Momentum has continued to build and so we make further FY21E organic upgrades of +8.0% revenue to £30.3m, +6.7% Adj. EBITDA to £10.0m, and release FY22E forecasts; £32.5m revenues, £11.6m Adj. EBITDA. Of greater significance, RBG has announced the acquisition of Memery Crystal Ltd (“MC”) for £30m consideration, which should close in May subject to SRA approv ....
20 Apr 2021
FY Results, Organic upgrades, Acquisition
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY Results, Organic upgrades, Acquisition
RBG Holdings Plc (RBGP:LON) | 12.2 -0.1 (-5.8%) | Mkt Cap: 15.8m
- Published:
20 Apr 2021 -
Author:
James Bayliss -
Pages:
3
RBG Holdings FY20A results show revenues in line at £25.6m (vs. N1Se £25.5m, +0.3%) and Adj. EBITDA ahead at £7.5m (vs. N1Se £7.1m, +5.2%). Momentum has continued to build and so we make further FY21E organic upgrades of +8.0% revenue to £30.3m, +6.7% Adj. EBITDA to £10.0m, and release FY22E forecasts; £32.5m revenues, £11.6m Adj. EBITDA. Of greater significance, RBG has announced the acquisition of Memery Crystal Ltd (“MC”) for £30m consideration, which should close in May subject to SRA approv ....