Vislink reported FY’15 revenues of £57.8m and adjusted operating profit of £4.7m, both in line with revised expectations. Pebble Beach (software) grew strongly and now accounts for more than half of profits. VCS (hardware) has been significantly restructured to be more resilient and new products are gaining traction. We make no changes to our EPS forecasts. The highly attractive 2016 multiples (3.4x EV/EBITDA, 7.4x P/E) indicate how much the shares have fallen – this set of results is a good fir ....
22 Mar 2016
Progress against strategy despite challenging 2015
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Progress against strategy despite challenging 2015
Pebble Beach Systems Group PLC (PEB:LON) | 10.5 0 0.0% | Mkt Cap: 13.1m
- Published:
22 Mar 2016 -
Author:
N+1 Singer Team -
Pages:
9
Vislink reported FY’15 revenues of £57.8m and adjusted operating profit of £4.7m, both in line with revised expectations. Pebble Beach (software) grew strongly and now accounts for more than half of profits. VCS (hardware) has been significantly restructured to be more resilient and new products are gaining traction. We make no changes to our EPS forecasts. The highly attractive 2016 multiples (3.4x EV/EBITDA, 7.4x P/E) indicate how much the shares have fallen – this set of results is a good fir ....