redT, the supplier of stationary energy storage machines, has this morning issued an AGM statement and trading update ahead of its AGM later today. The update highlights the continued growth in customer interest, but slower than expected order conversion. Whilst this year’s revenue forecast remains unchanged, the expectation is now for a sales split more biased to the legacy Camco business.
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Strong customer interest but slow order conversion
- Published:
13 Jul 2017 -
Author:
John-Marc Bunce -
Pages:
4
redT, the supplier of stationary energy storage machines, has this morning issued an AGM statement and trading update ahead of its AGM later today. The update highlights the continued growth in customer interest, but slower than expected order conversion. Whilst this year’s revenue forecast remains unchanged, the expectation is now for a sales split more biased to the legacy Camco business.