MTI Wireless Edge (LON:MWE) recently announced the acquisition of a 50% stake in Parkland Australia, a value added reseller of MTI's smart irrigation systems. We are increasing our revenue and earnings per share (EPS) forecasts by 1% for 2019e and 2% for 2020e to reflect the acquisition (table on p2
27 Jun 2019
MTI Wireless Edge - Expanding irrigation opportunity
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MTI Wireless Edge - Expanding irrigation opportunity
MTI Wireless Edge Ltd (MWE:LON) | 42.0 -0.4 (-2.3%) | Mkt Cap: 36.8m
- Published:
27 Jun 2019 -
Author:
Ed Stacey -
Pages:
3
MTI Wireless Edge (LON:MWE) recently announced the acquisition of a 50% stake in Parkland Australia, a value added reseller of MTI's smart irrigation systems. We are increasing our revenue and earnings per share (EPS) forecasts by 1% for 2019e and 2% for 2020e to reflect the acquisition (table on p2