We have updated our forecasts to reflect recent announcements from Utilitywise (UTW), including those related to consumption volumes in ‘nominated contracts’, implementation of IFRS 15 and the trading update. While our changes have resulted in lower projections for revenues, profits and dividends, changes to revenue recognition will result in lower levels of accrued revenue and a stronger link between profits and cash flow. Following recent falls, the rating of the shares app
02 Aug 2017
Forecast updates
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Forecast updates
Utilitywise (UTW:LON) | 0 0 0.0% | Mkt Cap: 32.2m
- Published:
02 Aug 2017 -
Author:
Graeme Moyse -
Pages:
6
We have updated our forecasts to reflect recent announcements from Utilitywise (UTW), including those related to consumption volumes in ‘nominated contracts’, implementation of IFRS 15 and the trading update. While our changes have resulted in lower projections for revenues, profits and dividends, changes to revenue recognition will result in lower levels of accrued revenue and a stronger link between profits and cash flow. Following recent falls, the rating of the shares app