Calnex Solutions has announced that due to continued strong levels of trading throughout H1/22, expected to be maintained in H2/22, FY22E revenue and profitability are anticipated to be materially ahead of expectations. We have consequently upgraded our PBT forecasts for FY22E and FY23E by 27.2% and 20.4% to £5.6m and £6.0m respectively. Calnex continues to accelerate its investment in R&D and broaden its product roadmap to benefit from the significant underlying growth drivers within the worldw ....
12 Oct 2021
Cenkos: Calnex Solutions plc -- Trading update and forecast upgrade
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Cenkos: Calnex Solutions plc -- Trading update and forecast upgrade
Calnex Solutions Plc (CLX:LON) | 54.5 0.1 0.2% | Mkt Cap: 47.7m
- Published:
12 Oct 2021 -
Author:
Ian McInally -
Pages:
10
Calnex Solutions has announced that due to continued strong levels of trading throughout H1/22, expected to be maintained in H2/22, FY22E revenue and profitability are anticipated to be materially ahead of expectations. We have consequently upgraded our PBT forecasts for FY22E and FY23E by 27.2% and 20.4% to £5.6m and £6.0m respectively. Calnex continues to accelerate its investment in R&D and broaden its product roadmap to benefit from the significant underlying growth drivers within the worldw ....