Amino has announced interim results in line with management’s expectations. Key metrics demonstrated impressive growth, with revenue up 84% YoY and adjusted PBT up 40%, reflecting the firsttime consolidation of Entone and Booxmedia. Cash generation was strong, with a £3.1m closing net cash position. The group reported solid operational progress during the first half and a record order book gives confidence in the outlook for the second half. We make upward revisions to estimates.
12 Jul 2015
In-line interims, forecasts increased
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In-line interims, forecasts increased
Aferian plc (AFRN:LON) | 7.4 0 (-7.8%) | Mkt Cap: 8.20m
- Published:
12 Jul 2015 -
Author:
Blaine Tatum -
Pages:
4
Amino has announced interim results in line with management’s expectations. Key metrics demonstrated impressive growth, with revenue up 84% YoY and adjusted PBT up 40%, reflecting the firsttime consolidation of Entone and Booxmedia. Cash generation was strong, with a £3.1m closing net cash position. The group reported solid operational progress during the first half and a record order book gives confidence in the outlook for the second half. We make upward revisions to estimates.