iEnergizer has reported very strong and excellent interim FY21 results with EBITDA growth of 5.5% despite the impact of COVID-19 and severe lockdowns in India through the first half. Clear operational momentum supported by new client wins and market share gains bode well for the medium-term growth story and could support future upgrades. Reiterate buy rating
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iEnergizer* - Strong Interim Results
- Published:
12 Nov 2020 -
Author:
Andrew Simms -
Pages:
7
iEnergizer has reported very strong and excellent interim FY21 results with EBITDA growth of 5.5% despite the impact of COVID-19 and severe lockdowns in India through the first half. Clear operational momentum supported by new client wins and market share gains bode well for the medium-term growth story and could support future upgrades. Reiterate buy rating