Friday’s AGM update showed that WATR remains well on track to deliver double digit growth as previously highlighted. The growth momentum remains excellent, with confidence from the company in achieving $30m sales for the current year (representing c.19% sales growth) suggesting a strong platform for future potential upgrades. Profits are also forecast to continue to expand, against a backdrop of >30% sales and profit CAGR over the past five years, an impressive track record. The update highlight ....
01 Jul 2019
MORNING COMMENT
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MORNING COMMENT
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 63.3m
- Published:
01 Jul 2019 -
Author:
Nick Spoliar -
Pages:
7
Friday’s AGM update showed that WATR remains well on track to deliver double digit growth as previously highlighted. The growth momentum remains excellent, with confidence from the company in achieving $30m sales for the current year (representing c.19% sales growth) suggesting a strong platform for future potential upgrades. Profits are also forecast to continue to expand, against a backdrop of >30% sales and profit CAGR over the past five years, an impressive track record. The update highlight ....