Results ahead; forecast upgrades, special dividend, yielding 7%
SPSY has announced a strong set of results, with EBITDA and PBTA some 6% and 4% respectively ahead of our forecasts, following a succession of upgrades and some notable wins during 2019. Reflecting the strong momentum, and with forecasts well supported by firm contracts which exist independently of the current global crisis, the company is (1) trading ahead of expectations in the current year, and (2) with strong cashflow, feels co ....
23 Mar 2020
WHI Equity Research: Spectra Systems (SPSY)
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WHI Equity Research: Spectra Systems (SPSY)
Spectra Systems Corporation (SPSY:LON) | 218 0 0.0% | Mkt Cap: 98.5m
- Published:
23 Mar 2020 -
Author:
Matthew Davis -
Pages:
5
Results ahead; forecast upgrades, special dividend, yielding 7%
SPSY has announced a strong set of results, with EBITDA and PBTA some 6% and 4% respectively ahead of our forecasts, following a succession of upgrades and some notable wins during 2019. Reflecting the strong momentum, and with forecasts well supported by firm contracts which exist independently of the current global crisis, the company is (1) trading ahead of expectations in the current year, and (2) with strong cashflow, feels co ....