Elecosoft has released a trading update for its financial year to the end of December 2017. Revenue and PBT are expected to be ‘significantly higher’ than 2016 and in line with market expectations. We make no changes to our estimates ahead of the final results which are scheduled for March. This suggests that Elecosoft built on a robust set of H1 numbers and maintained momentum during the second half of the year. As at the half year mark, the Group noted the positive influence of
23 Jan 2018
Second half saw continued progress
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Second half saw continued progress
Eleco Plc (ELCO:LON) | 96.0 0 0.0% | Mkt Cap: 79.9m
- Published:
23 Jan 2018 -
Author:
Gareth Evans -
Pages:
3
Elecosoft has released a trading update for its financial year to the end of December 2017. Revenue and PBT are expected to be ‘significantly higher’ than 2016 and in line with market expectations. We make no changes to our estimates ahead of the final results which are scheduled for March. This suggests that Elecosoft built on a robust set of H1 numbers and maintained momentum during the second half of the year. As at the half year mark, the Group noted the positive influence of