Eckoh’s FY’19 results confirm a strong year, with high levels of new business win activity providing a strong platform for growth in FY’20 and beyond. US Secure Payments remains the star of the show (and offers the greatest long term potential), but we are encouraged to see growth return to both divisions within the group. The outlook is positive, with strong sales pipelines in both the UK and the US and over 90% visibility over FY’20 revenue. The shares trade on a FCF yield of 4.8% rising to 6. ....
12 Jun 2019
Everything pointing in the right direction
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Everything pointing in the right direction
Eckoh plc (ECK:LON) | 42.5 -0.4 (-2.3%) | Mkt Cap: 123.4m
- Published:
12 Jun 2019 -
Author:
Oliver Knott -
Pages:
3
Eckoh’s FY’19 results confirm a strong year, with high levels of new business win activity providing a strong platform for growth in FY’20 and beyond. US Secure Payments remains the star of the show (and offers the greatest long term potential), but we are encouraged to see growth return to both divisions within the group. The outlook is positive, with strong sales pipelines in both the UK and the US and over 90% visibility over FY’20 revenue. The shares trade on a FCF yield of 4.8% rising to 6. ....