Sureserve has released a record set of results, in which all metrics pointed firmly upwards. Revenue (+27%), EBITA (+36.6%), PBT (+40.5%), EPS (+28.6%), net cash (+42%), and the order book (+18*). This was also comfortably ahead of consensus at all levels. That the EBITA margin increased by 0.4pp to 6.1% in times of rapid and aggressive cost inflation is a testament to the business model and the people involved. over 90% of FY23 expected revenue is in the order book at known margins, consensu ....
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Sureserve - FY22 Results - Jan 23
- Published:
25 Jan 2023 -
Author:
Oliver Juggins -
Pages:
7
Sureserve has released a record set of results, in which all metrics pointed firmly upwards. Revenue (+27%), EBITA (+36.6%), PBT (+40.5%), EPS (+28.6%), net cash (+42%), and the order book (+18*). This was also comfortably ahead of consensus at all levels. That the EBITA margin increased by 0.4pp to 6.1% in times of rapid and aggressive cost inflation is a testament to the business model and the people involved. over 90% of FY23 expected revenue is in the order book at known margins, consensu ....