The Interims are as announced in the October update; H1 2021 was better than expected considering the lockdown and leaves SRT well positioned to benefit from meeting Systems delivery milestones, receiving major cash payments and signing new contracts in H2. As last year, H1 revenues are just from Transceivers, with no Systems milestones booked in the period. Last year, that was a quirk of timing in project deliveries, but this year Systems deployments were paused due to the pandemic. Despite glo ....
19 Nov 2020
SRT Marine Systems - A solid H1 platform for Systems delivery in H2
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SRT Marine Systems - A solid H1 platform for Systems delivery in H2
SRT Marine Systems plc (SRT:LON) | 22.0 0 0.0% | Mkt Cap: 49.0m
- Published:
19 Nov 2020 -
Author:
Cavendish Research -
Pages:
14
The Interims are as announced in the October update; H1 2021 was better than expected considering the lockdown and leaves SRT well positioned to benefit from meeting Systems delivery milestones, receiving major cash payments and signing new contracts in H2. As last year, H1 revenues are just from Transceivers, with no Systems milestones booked in the period. Last year, that was a quirk of timing in project deliveries, but this year Systems deployments were paused due to the pandemic. Despite glo ....