Light Science Technologies Holdings (LST): Init...

Edison Investment Research Limited Light Science Technologies Holdings (LST): Initiation — Helping grow more with less 23-Sep-2022 / 09:05 GMT/BST London, UK, 23 September 2022 Light Science Technologies Holdings (LST): Initiation — Helping grow more with less Light Science Technologies Holdings has built on its established UK-based contract electronic manufacturing (CEM) business by launching highly innovative products for the controlled environment agriculture (CEA) market. This market is growing rapidly as farmers address the issues of climate breakdown and food security. Although most of the group’s revenues are currently attributable to the CEM division, our note focuses on the CEA activity because of its superior growth prospects. Our scenario analysis shows that converting 60% of the existing CEA pipeline and delivering on the Zenith contract could generate annual CEA revenues of £31.4m and £4.6m group EBITDA. This is only a small proportion of the global market, which we calculate could be worth c £2.9bn in the UK alone. Announcements about new contract awards are therefore catalysts to crystallise shareholder value. Click here to view the full report or here to sign up to receive research as it is published. All reports published by Edison are available to download free of charge from its website www.edisongroup.com About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached – across institutions, family offices, wealth managers and retail investors – Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings. Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney. Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. For more information, please contact Edison: Anne Margaret Crow [phone] [e-mail] Learn more at www.edisongroup.com and connect with Edison on:  LinkedIn  www.linkedin.com/company/edison-group-/ Twitter   www.twitter.com/Edison_Inv_Res YouTube  www.youtube.com/edisonitv Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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