Amino’s trading update for the year ending November 2020 signals the business has performed extremely strongly against a backdrop of COVID-19 driven challenges. At approximately $83m, revenue is c8% higher than FY 19A and slightly ahead of our forecast – which was set prior to COVID-19. The period also saw an improvement in earnings quality and the group’s financial position remains strong. The recommencement of dividend payments is a further positive. We leave underlying estimates unchanged fol ....
08 Dec 2020
Revenue beats pre-COVID expectations
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Revenue beats pre-COVID expectations
Aferian plc (AFRN:LON) | 11.8 0 0.0% | Mkt Cap: 13.1m
- Published:
08 Dec 2020 -
Author:
Gareth Evans | Blaine Tatum -
Pages:
12
Amino’s trading update for the year ending November 2020 signals the business has performed extremely strongly against a backdrop of COVID-19 driven challenges. At approximately $83m, revenue is c8% higher than FY 19A and slightly ahead of our forecast – which was set prior to COVID-19. The period also saw an improvement in earnings quality and the group’s financial position remains strong. The recommencement of dividend payments is a further positive. We leave underlying estimates unchanged fol ....