Cambria has delivered an excellent set of results in FY’15 both operationally and financially. PBT increased 43% year on year, beating recently upgraded forecasts, and cashflow was well ahead of expectations driven by w/c enhancements, especially in Used where RoI is now almost twice the industry average. Trading has exceeded expectations in Sept/Oct and new bank facilities provide significantly more fire power to continue with its acquisition strategy, where it has an impressive track record. W ....
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Results beat expectations & drive 5-6% upgrades
- Published:
24 Nov 2015 -
Author:
Matthew McEachran -
Pages:
8
Cambria has delivered an excellent set of results in FY’15 both operationally and financially. PBT increased 43% year on year, beating recently upgraded forecasts, and cashflow was well ahead of expectations driven by w/c enhancements, especially in Used where RoI is now almost twice the industry average. Trading has exceeded expectations in Sept/Oct and new bank facilities provide significantly more fire power to continue with its acquisition strategy, where it has an impressive track record. W ....