Gamma’s trading update for its financial year to the end of December 2020 reflects another strong year for the Group and we adjust our FY 2020E numbers upwards by 2-3% to reflect guidance of an above-consensus outturn for adjusted EBITDA and EPS numbers. Following the sale of Gamma’s Manchester-based fibre business, the period-end cash balance of £54.1m was higher than expected and a touch up over the year - despite the Group spending £48m on acquisitions in the period. Gamma’s European business ....
11 Jan 2021
Clear delivery on ‘optionality’
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Clear delivery on ‘optionality’
Gamma Communications PLC (GAMA:LON) | 1,367 0 0.0% | Mkt Cap: 1,332m
- Published:
11 Jan 2021 -
Author:
Gareth Evans | Ian Poulter -
Pages:
3
Gamma’s trading update for its financial year to the end of December 2020 reflects another strong year for the Group and we adjust our FY 2020E numbers upwards by 2-3% to reflect guidance of an above-consensus outturn for adjusted EBITDA and EPS numbers. Following the sale of Gamma’s Manchester-based fibre business, the period-end cash balance of £54.1m was higher than expected and a touch up over the year - despite the Group spending £48m on acquisitions in the period. Gamma’s European business ....