As anticipated, FY2018A results from WATR this morning are in line with upgraded expectations set when the company updated the market on 12th March, but they are no less impressive for that. This morning’s results reflect sales ahead by 45% YoY, slightly more than expected, and PBTA at $US2.5m (+44%), inline with our upgraded forecast. As the proprietor / developer of sophisticated leak detection technology, WATR has a highly developed and effective business model which it operates, together wit ....
09 May 2019
Strong set of inline results, revenues and profits soar
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Strong set of inline results, revenues and profits soar
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 63.3m
- Published:
09 May 2019 -
Author:
Nick Spoliar -
Pages:
8
As anticipated, FY2018A results from WATR this morning are in line with upgraded expectations set when the company updated the market on 12th March, but they are no less impressive for that. This morning’s results reflect sales ahead by 45% YoY, slightly more than expected, and PBTA at $US2.5m (+44%), inline with our upgraded forecast. As the proprietor / developer of sophisticated leak detection technology, WATR has a highly developed and effective business model which it operates, together wit ....