Amino has reported H1 17A results ahead of management’s expectations, and a closing net cash position (£13.1m) confirmed as having more than doubled over FY 16A. Key metrics saw impressive growth, with turnover and adjusted EBITDA up 21% and 70% respectively. IP device sales were strong, particularly in the Americas. In software, the group continues to report positive momentum. We leave earnings estimates unchanged at this stage and believe the maintained progressive dividend poli
11 Jul 2017
Strong H1 2017 delivery
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong H1 2017 delivery
Aferian plc (AFRN:LON) | 7.8 0 (-3.1%) | Mkt Cap: 8.62m
- Published:
11 Jul 2017 -
Author:
Blaine Tatum -
Pages:
5
Amino has reported H1 17A results ahead of management’s expectations, and a closing net cash position (£13.1m) confirmed as having more than doubled over FY 16A. Key metrics saw impressive growth, with turnover and adjusted EBITDA up 21% and 70% respectively. IP device sales were strong, particularly in the Americas. In software, the group continues to report positive momentum. We leave earnings estimates unchanged at this stage and believe the maintained progressive dividend poli