WATR has been growing all lines of its P&L rapidly – revenues by 44% in 2018 and we forecast continued fast growth in current and coming years. Strong profit growth as well (PBTA c.47% up YoY in ’18). Together with last week’s Florida reacquisition, this morning’s announcement of the sale of a new franchise illustrates the mechanics of this. (1) Reacquisitions, which are typically earnings enhancing and extremely lowrisk, help to drive the already strong growth in the business which WATR manages ....
04 Apr 2019
Morning Comment
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Morning Comment
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 63.3m
- Published:
04 Apr 2019 -
Author:
Nick Spoliar -
Pages:
4
WATR has been growing all lines of its P&L rapidly – revenues by 44% in 2018 and we forecast continued fast growth in current and coming years. Strong profit growth as well (PBTA c.47% up YoY in ’18). Together with last week’s Florida reacquisition, this morning’s announcement of the sale of a new franchise illustrates the mechanics of this. (1) Reacquisitions, which are typically earnings enhancing and extremely lowrisk, help to drive the already strong growth in the business which WATR manages ....