Water Intelligence has released a very strong H1 Trading Update that is well ahead of our expectations and puts upward pressure on our recentlyupgraded FY21 estimates, which we will update at the interims in September. Group revenues grew +44% to $24.7m, with growth accelerating from +38% in Q1 to +51% in Q2. Performance was strong across the board, with Corporate Locations +75%, Water Intelligence International +65% Franchise Activities +14% (including B2B Insurance +15%) and Franchise Income + ....
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H1 Trading update
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 63.3m
- Published:
29 Jul 2021 -
Author:
Paul Richards | Brendan D'Souza -
Pages:
6
Water Intelligence has released a very strong H1 Trading Update that is well ahead of our expectations and puts upward pressure on our recentlyupgraded FY21 estimates, which we will update at the interims in September. Group revenues grew +44% to $24.7m, with growth accelerating from +38% in Q1 to +51% in Q2. Performance was strong across the board, with Corporate Locations +75%, Water Intelligence International +65% Franchise Activities +14% (including B2B Insurance +15%) and Franchise Income + ....