Interims are encouraging, showing healthy EBITDA growth of 9%, achieved through a continued focus on controlling costs as well as a 3% improvement in sales to £9.1m. Top-line growth was driven by a 16% increase in Hardware & Software revenue (20% of sales), reflecting a busy period for deployments, whereby Universe is currently in the process of three large roll-outs for its next generation of products. Despite good progress being made in H1, unfortunately delays have arisen, meanin
27 Sep 2016
Project delays break up the party
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Project delays break up the party
- Published:
27 Sep 2016 -
Author:
Cavendish Research -
Pages:
12
Interims are encouraging, showing healthy EBITDA growth of 9%, achieved through a continued focus on controlling costs as well as a 3% improvement in sales to £9.1m. Top-line growth was driven by a 16% increase in Hardware & Software revenue (20% of sales), reflecting a busy period for deployments, whereby Universe is currently in the process of three large roll-outs for its next generation of products. Despite good progress being made in H1, unfortunately delays have arisen, meanin