Elecosoft has reported a strong 2017 year, with profitability ahead of our expectations on strongly growing revenue. The group has generated cash, has moved to a net cash position, and is enjoying success on a number of fronts. Elecosoft has market-leading positions in a range of segments, and continues to blaze the trail for adoption of technology in construction and related industries. With 2017 delivering a good result, we look to the future with confidence.
04 Apr 2018
Leading the way
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Leading the way
Eleco Plc (ELCO:LON) | 96.0 0 0.0% | Mkt Cap: 79.9m
- Published:
04 Apr 2018 -
Author:
Gareth Evans -
Pages:
7
Elecosoft has reported a strong 2017 year, with profitability ahead of our expectations on strongly growing revenue. The group has generated cash, has moved to a net cash position, and is enjoying success on a number of fronts. Elecosoft has market-leading positions in a range of segments, and continues to blaze the trail for adoption of technology in construction and related industries. With 2017 delivering a good result, we look to the future with confidence.