News of a further contract win from the major framework agreement signed in June 2017 means we upgrade our EU Supply (EUSP) 2017 sales forecast by £0.3m to £4.7m. We assume c.£0.3m of the new €0.675m contract will be in 2017 and that the remainder will help underpin the 2018 sales forecast. Due to increased costs of delivering the contract, as EUSP will be using consultants, we make no changes to our profit forecasts. With no change to our 25p DCFderived TP we still vie
21 Nov 2017
Revenue forecast upgrade
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Revenue forecast upgrade
EU Supply (EUSP:LON) | 0 0 (-6.0%) | Mkt Cap: 8.50m
- Published:
21 Nov 2017 -
Author:
Robert Sanders -
Pages:
2
News of a further contract win from the major framework agreement signed in June 2017 means we upgrade our EU Supply (EUSP) 2017 sales forecast by £0.3m to £4.7m. We assume c.£0.3m of the new €0.675m contract will be in 2017 and that the remainder will help underpin the 2018 sales forecast. Due to increased costs of delivering the contract, as EUSP will be using consultants, we make no changes to our profit forecasts. With no change to our 25p DCFderived TP we still vie