Autins has reported an AGM update, which highlights sales volumes thus far in H1’22 have been similar with that of H2’21. This can be attributed to the ongoing sectoral headwinds and the well documented global semi-conductor shortages. The ever changing backdrop, characterised by rising energy/commodity prices and reduced OEM output, means timing of recovery has been delayed. Despite this, AUTG’s medium term prospects remain positive; retail demand for cars is strong and the group is making head ....
17 Mar 2022
Recovery pending; headwinds persist
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Recovery pending; headwinds persist
Autins Group Plc (AUTG:LON) | 9.0 0 0.0% | Mkt Cap: 4.91m
- Published:
17 Mar 2022 -
Author:
Richard Hickinbotham -
Pages:
3
Autins has reported an AGM update, which highlights sales volumes thus far in H1’22 have been similar with that of H2’21. This can be attributed to the ongoing sectoral headwinds and the well documented global semi-conductor shortages. The ever changing backdrop, characterised by rising energy/commodity prices and reduced OEM output, means timing of recovery has been delayed. Despite this, AUTG’s medium term prospects remain positive; retail demand for cars is strong and the group is making head ....