In our view, today’s trading update from Amino reassures on the FY 18E financial outcome. Revenue and adjusted PBT are expected to be in line with market expectations, and cash generation remains strong. Furthermore, the 10% FY 18E dividend growth target has been reiterated. We make no changes to forecasts following the announcement and await detailed commentary on FY 18E business performance in the full-year results announcement scheduled for 5 February 2019.
06 Dec 2018
Reassuring trading update
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Reassuring trading update
Aferian plc (AFRN:LON) | 12.5 0 0.0% | Mkt Cap: 13.9m
- Published:
06 Dec 2018 -
Author:
Blaine Tatum -
Pages:
3
In our view, today’s trading update from Amino reassures on the FY 18E financial outcome. Revenue and adjusted PBT are expected to be in line with market expectations, and cash generation remains strong. Furthermore, the 10% FY 18E dividend growth target has been reiterated. We make no changes to forecasts following the announcement and await detailed commentary on FY 18E business performance in the full-year results announcement scheduled for 5 February 2019.