Progressive publishes new research

RNS Number : 8899H

Amino Technologies PLC

08 December 2020

 

Revenue beats pre-COVID expectations Amino's trading update for the year ending November 2020 signals the business has performed extremely strongly against a backdrop of COVID-19 driven challenges. At approximately $83m, revenue is c8% higher than FY 19A and slightly ahead of our forecast - which was set prior to COVID-19. The period also saw an improvement in earnings quality and the group's financial position remains strong. The recommencement of dividend payments is a further positive. We leave underlying estimates unchanged following the announcement and believe the group's vision of making it easy for people to connect to the TV and Video they love is well attuned to the ongoing structural shifts in TV consumption.

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Broad coverage		Analyst calibre
across 12 sectors
Business Services	Oil & Gas	15 analysts	with average	20 years
Financials	Property		experience of
Healthcare	Retail
Industrials	Technology	30+		techMARK
Investment Trusts	Telecoms		industry based	Extel
Mining	Utilities		awards	StarMine

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