Amino has announced FY 2018 results in line with our revised estimates. Cash performance remained solid and was accompanied by a 10% YoY increase in DPS. Management has also re-affirmed its intention to maintain the dividend at the current level until FY2020E. With market conditions remaining challenging, Amino has announced a three-pronged transformation program focussing on increased software and services sales, reducing exposure to commodity hardware and delivering annualised $5m operating
05 Feb 2019
2018 results in line, transformation announced
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2018 results in line, transformation announced
Aferian plc (AFRN:LON) | 11.8 0 0.0% | Mkt Cap: 13.1m
- Published:
05 Feb 2019 -
Author:
Blaine Tatum -
Pages:
6
Amino has announced FY 2018 results in line with our revised estimates. Cash performance remained solid and was accompanied by a 10% YoY increase in DPS. Management has also re-affirmed its intention to maintain the dividend at the current level until FY2020E. With market conditions remaining challenging, Amino has announced a three-pronged transformation program focussing on increased software and services sales, reducing exposure to commodity hardware and delivering annualised $5m operating