Keywords’ trading update highlighted a stronger than anticipated first half, with expected H1 revenue growth of c 39% to €153.1m and adjusted PBT growth of c 15% to €18.4m, and growth seen across all seven service lines. Investment accelerated in H1 to manage the high level of demand, which means margins should benefit from this extra investment in H2. The group also agreed terms for a new RCF to replace the existing €105m facility. With strong underlying demand, the pote
31 Jul 2019
Keywords Studios - Firing on all cylinders
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Keywords Studios - Firing on all cylinders
Keywords Studios plc (KWS:LON) | 1,166 -46.7 (-0.3%) | Mkt Cap: 927.6m
- Published:
31 Jul 2019 -
Author:
Richard Williamson -
Pages:
3
Keywords’ trading update highlighted a stronger than anticipated first half, with expected H1 revenue growth of c 39% to €153.1m and adjusted PBT growth of c 15% to €18.4m, and growth seen across all seven service lines. Investment accelerated in H1 to manage the high level of demand, which means margins should benefit from this extra investment in H2. The group also agreed terms for a new RCF to replace the existing €105m facility. With strong underlying demand, the pote