EU Supply has announced some more contract wins, which together with currency movements, means it now expects to exceed our previous £3.9m revenue forecast for 2017. A 2016 trading update is expected by the end of the month so we make no changes to our 2016 forecasts. As we have highlighted previously EU Supply has a greater cost exposure to euro-related currencies than revenues so we maintain our forecast of a £0.1m adj.EBIT for 2017 and a £0.1m adj. LBT. We retain our 15p
19 Jan 2017
Positive 2017sales momentum continues
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Positive 2017sales momentum continues
EU Supply (EUSP:LON) | 0 0 (-6.0%) | Mkt Cap: 8.50m
- Published:
19 Jan 2017 -
Author:
Robert Sanders -
Pages:
2
EU Supply has announced some more contract wins, which together with currency movements, means it now expects to exceed our previous £3.9m revenue forecast for 2017. A 2016 trading update is expected by the end of the month so we make no changes to our 2016 forecasts. As we have highlighted previously EU Supply has a greater cost exposure to euro-related currencies than revenues so we maintain our forecast of a £0.1m adj.EBIT for 2017 and a £0.1m adj. LBT. We retain our 15p