FY 2019 has been transformational. SRT Marine has pursued a strategy to expand its world-leading AIS hardware business into global provision of complete Maritime Domain Awareness (MDA) solutions; a step change in scale of operations, revenue and profitability. Such major infrastructure projects are naturally slow and suffer political and budgetary uncertainties; delays and disappointments have been frustrating for both management and investors. Finally, a large national contract has been sign
18 Jul 2019
SRT Marine Systems - FY 2019 confirms step change from projects business
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SRT Marine Systems - FY 2019 confirms step change from projects business
SRT Marine Systems plc (SRT:LON) | 29.8 0 0.0% | Mkt Cap: 66.2m
- Published:
18 Jul 2019 -
Author:
Cavendish Research -
Pages:
14
FY 2019 has been transformational. SRT Marine has pursued a strategy to expand its world-leading AIS hardware business into global provision of complete Maritime Domain Awareness (MDA) solutions; a step change in scale of operations, revenue and profitability. Such major infrastructure projects are naturally slow and suffer political and budgetary uncertainties; delays and disappointments have been frustrating for both management and investors. Finally, a large national contract has been sign