RBG has announced the completion of the Memery Crystal acquisition and we upgrade FY21E Adj. PBT by +10.4%, and FY22E Adj. PBT by +36.7%. Upgrades are predominantly from Memery Crystal and we also increase our Convex revenue forecasts (+£1m FY21E/FY22E) on the back of further momentum. Factoring in dilution from the equity consideration, we increase Adj. EPS by +c.4% in FY21E and +c.24% in FY22E. Memery Crystal shall retain its own brand identity and separate premises, sitting within the enlarge ....
01 Jun 2021
Upgrading for Memery Crystal: +24% FY22E EPS
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Upgrading for Memery Crystal: +24% FY22E EPS
RBG Holdings Plc (RBGP:LON) | 12.2 0 0.0% | Mkt Cap: 15.8m
- Published:
01 Jun 2021 -
Author:
James Bayliss -
Pages:
3
RBG has announced the completion of the Memery Crystal acquisition and we upgrade FY21E Adj. PBT by +10.4%, and FY22E Adj. PBT by +36.7%. Upgrades are predominantly from Memery Crystal and we also increase our Convex revenue forecasts (+£1m FY21E/FY22E) on the back of further momentum. Factoring in dilution from the equity consideration, we increase Adj. EPS by +c.4% in FY21E and +c.24% in FY22E. Memery Crystal shall retain its own brand identity and separate premises, sitting within the enlarge ....