A successful year of delivery and progress against strategy should boost confidence in Findel’s growth dynamics, and support re-rating. EPS rose 19% in FY18 including some one-off costs, and is forecast to increase a similar amount in FY19. Critically, increased gross margin guidance at EGL allows for reinvestment in future growth and business capability without impacting forecasts – a key milestone. Preliminary guidance on the new IFRS9 accounting policy is to reduce reported PBT by c£2.5- 3.5m ....
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Year of progress and delivery to instill confidence
- Published:
06 Jun 2018 -
Author:
Matthew McEachran -
Pages:
3
A successful year of delivery and progress against strategy should boost confidence in Findel’s growth dynamics, and support re-rating. EPS rose 19% in FY18 including some one-off costs, and is forecast to increase a similar amount in FY19. Critically, increased gross margin guidance at EGL allows for reinvestment in future growth and business capability without impacting forecasts – a key milestone. Preliminary guidance on the new IFRS9 accounting policy is to reduce reported PBT by c£2.5- 3.5m ....