EU Supply has issued a positive AGM statement. Revenues in the first four months of 2018 were up 28% year-on-year and sales growth should continue. The size of the group’s order book and strong pipeline of work are also encouraging. Mandatory provisions in the 2014 EU Directives coming into force in November this year have helped accelerate this growth. We have made no changes to our updated forecasts published last week following the placing. We retain our Buy rating and 25p target pri
30 May 2018
Positive AGM statement
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Positive AGM statement
EU Supply (EUSP:LON) | 0 0 (-6.0%) | Mkt Cap: 8.50m
- Published:
30 May 2018 -
Author:
Robert Sanders -
Pages:
2
EU Supply has issued a positive AGM statement. Revenues in the first four months of 2018 were up 28% year-on-year and sales growth should continue. The size of the group’s order book and strong pipeline of work are also encouraging. Mandatory provisions in the 2014 EU Directives coming into force in November this year have helped accelerate this growth. We have made no changes to our updated forecasts published last week following the placing. We retain our Buy rating and 25p target pri