RedstoneConnect (Redstone) has released an in-line trading statement for the six months ending July 2017 and remains confident for the full year based upon the pipeline of work, order book and the successful integration of Anders + Kern. While the trading will be second half weighted, we are leaving our forecasts unchanged and expect a full year adjusted PBT of £2.2m representing growth of 78% and for Redstone to report a net cash position of £4.8m by January 2018. Trading on a PE
08 Sep 2017
Update supports PBT growth forecast of 78%
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Update supports PBT growth forecast of 78%
Smartspace Software Plc (SMRT:LON) | 90.0 1.8 2.3% | Mkt Cap: 26.0m
- Published:
08 Sep 2017 -
Author:
Andy Smith -
Pages:
5
RedstoneConnect (Redstone) has released an in-line trading statement for the six months ending July 2017 and remains confident for the full year based upon the pipeline of work, order book and the successful integration of Anders + Kern. While the trading will be second half weighted, we are leaving our forecasts unchanged and expect a full year adjusted PBT of £2.2m representing growth of 78% and for Redstone to report a net cash position of £4.8m by January 2018. Trading on a PE