In a repeat of the pattern of 1H20, dotdigital’s strong 1H21 to December substantially derisks the achievement of unchanged FY profit expectations, and allows room for increased investment after we tickle FY21 revenue forecasts up 2%. As we noted in our “Treble 20” note at the time of the January trading update, all key revenue stats grew by at least 20% compared with the pre-COVID 1H to December 2019, suggesting very strong momentum in each of the pillars of growth (territory, product and partn ....
25 Feb 2021
dotDigital - Strong interims give room for investment
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dotDigital - Strong interims give room for investment
dotDigital Group plc (DOTD:LON) | 96.4 1.5 1.7% | Mkt Cap: 295.8m
- Published:
25 Feb 2021 -
Author:
Andrew Darley -
Pages:
13
In a repeat of the pattern of 1H20, dotdigital’s strong 1H21 to December substantially derisks the achievement of unchanged FY profit expectations, and allows room for increased investment after we tickle FY21 revenue forecasts up 2%. As we noted in our “Treble 20” note at the time of the January trading update, all key revenue stats grew by at least 20% compared with the pre-COVID 1H to December 2019, suggesting very strong momentum in each of the pillars of growth (territory, product and partn ....