Interim results from Autins, the specialist manufacturer of acoustic and thermal solutions, show the impact of ongoing challenges in its key automotive end-market. The short-term outlook remains difficult with management flagging an increase in the net loss for the FY (March Y/E). However, profitability is expected to improve from 1H26 as new major contracts begin. Our forecasts and recommendation remain withdrawn but we note that management expects to be in a position to reinstate market guidan ....

27 Nov 2024
Short-term headwinds persist

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Short-term headwinds persist
Autins Group Plc (AUTG:LON) | 7.0 0 0.0% | Mkt Cap: 3.82m
- Published:
27 Nov 2024 -
Author:
Caroline de La Soujeole -
Pages:
3 -
Interim results from Autins, the specialist manufacturer of acoustic and thermal solutions, show the impact of ongoing challenges in its key automotive end-market. The short-term outlook remains difficult with management flagging an increase in the net loss for the FY (March Y/E). However, profitability is expected to improve from 1H26 as new major contracts begin. Our forecasts and recommendation remain withdrawn but we note that management expects to be in a position to reinstate market guidan ....